Tariffs on Canadian imports to enter into effect on March 4, extra 10% for China

President Donald Trump plans to impose tariffs on Canada and Mexico starting Tuesday, March 4, while also doubling the existing 10% tariff on Chinese imports. In a post on Thursday, Trump cited concerns over illicit drug smuggling, particularly fentanyl, as justification for the new tariffs. He argued that import taxes would pressure other countries to take stronger measures against 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 4th will, indeed, go into effect, as scheduled ...