Trump orders steep tariffs on goods from Mexico, Canada and China
U.S. President Donald Trump on Saturday ordered 25% tariffs on Canadian and Mexican imports and 10% on goods from China starting on Tuesday to address a national emergency over fentanyl and illegal aliens entering the U.S., White House officials said. Energy products from Canada will have only a 10% duty, but Mexican energy imports will be charged the full 25%, the officials told reporters. Trump has declared the national emergency under the International Emergency Economic Powers Act to back the tariffs, which allows sweeping powers to address crises. Source link