President Donald Trump has announced that tariffs on imports from Canada and Mexico will take effect on March 4, which were previously postponed from February. He intends to impose a 25 percent tariff on goods from these countries and an additional 10 percent on Chinese imports, all aimed at combating drug trafficking and addressing illegal immigration issues.
On Thursday, President Donald Trump announced that he will implement proposed tariffs on imports from Canada and Mexico, set to take effect on March 4. Initially slated for February, the tariffs were postponed for a month. Trump justified this move by highlighting the alarming prevalence of drugs entering the United States from these neighboring countries, claiming that they contribute to the ongoing opioid crisis.
Trump stated that these tariffs will persist until the flow of narcotics is either halted or significantly curbed. He further indicated that an additional tariff of 10 percent would apply to Chinese imports starting on the same date. In his communication through Truth Social, Trump emphasized the devastating impact of drug overdoses, particularly those related to fentanyl originating from China.
The tariff structure includes a 25 percent levy on all goods imported from both Canada and Mexico. This decision, as reported, aims to address illegal immigration and the smuggling of fentanyl from these nations. Meanwhile, imports from China will face an extra 10 percent tariff on top of the existing 25 percent duty. Trump’s measures intend to exert pressure on these countries to combat drug trafficking effectively.
In summary, President Donald Trump’s tariff plans for Canada and Mexico are set to begin on March 4, targeting the drug crisis affecting the United States. With tariffs aimed at further limiting drug imports, these measures will apply alongside additional tariffs on goods from China. This approach underscores the administration’s commitment to addressing both drug smuggling and illegal immigration.
Original Source: www.hindustantimes.com
