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Trump vows tariffs on Mexico, Canada from Mar 4, China faces extra 10%

Business Standard LogoBusiness Standard6h ago

Trump vows tariffs on Mexico, Canada from Mar 4, China faces extra 10% - Business Standard

Quick Summary:

President Donald Trump says he plans to impose tariffs on Canada and Mexico starting Tuesday, in addition to doubling the 10 per cent universal tariff charged on imports from China.

Posting on Truth Social on Thursday, Trump said that illicit drugs such as fentanyl are being smuggled into the United States at unacceptable levels" and that import taxes would force other countries to crackdown on the trafficking.

We cannot allow this scourge to continue to harm the USA, and therefore, until it stops, or is seriously limited, the proposed TARIFFS scheduled to go into effect on MARCH FOURTH will, indeed, go into effect, as scheduled, the Republican president wrote.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-27 @ 21:58:18 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 598 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26478898

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 246 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 4 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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