US President Donald Trump announced that tariffs on imports from Canada, Mexico, and China will take effect on March 4. The tariffs are primarily aimed at addressing the flow of illegal drugs from these countries into the United States, with specific rates set at 25 percent for Canada and Mexico, and an additional 10 percent for China.
On March 4, US President Donald Trump will implement tariffs on imports from Canada and Mexico, following a month-long delay initially scheduled for February. Trump emphasized that the tariffs target the flow of illegal drugs, which he claims are entering the United States from these neighboring countries.
The proposed tariffs will stay in place until the drug influx is halted or significantly reduced. Furthermore, an additional 10 percent tariff will be imposed on Chinese goods starting the same date.
In a statement shared on Truth Social, Trump noted, “Drugs are still pouring into our Country from Mexico and Canada at very high and unacceptable levels.” He attributed much of this drug problem, particularly involving fentanyl, to Chinese suppliers. Trump expressed grave concern over the devastating impact of these drugs, citing that over 100,000 individuals died last year due to overdoses.
Tariffs on goods imported from Canada and Mexico will amount to 25 percent, while Chinese goods will face this rate plus an extra 10 percent. Trump aims to leverage these tariffs to address issues surrounding illegal immigration and combat fentanyl smuggling effectively. He reaffirmed, “The April Second Reciprocal Tariff date will remain in full force and effect. Thank you for your attention to this matter. GOD BLESS AMERICA!”
In summary, President Trump is set to impose significant tariffs on Canada, Mexico, and China starting on March 4, aimed at curbing drug trafficking into the United States. The tariffs on Canada and Mexico are designed to address illegal immigration and drug smuggling, while tariffs on China will further amplify the pressure. This decision reflects a broader strategy to combat the opioid crisis affecting the nation.
Original Source: www.hindustantimes.com
