Trump says Mexico and Canada will get hit with 25% import tariffs on all goods once he takes office

By Business Insider   |   1 year ago
Trump says Mexico and Canada will get hit with 25% import tariffs on all goods once he takes office

President-elect Trump plans to impose 25% tariffs on all products from Mexico and Canada, aiming to address drug trafficking and illegal immigration. Additionally, he intends to add a 10% tariff on Chinese goods to combat drug imports. Investors and businesses are preparing for increased prices due to these tariffs.

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