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Trump confirms tariffs on China, Mexico, Canada
US President Donald Trump has confirmed plans to enact an additional 10 percent tariff on products from China and 25 percent on those from Canada and Mexico starting next month after he accused China of sending fentanyl to the two countries, saying it ends up in the United States.
The tariffs on all three countries — key trading partners of the US — will begin on Feb 1, the president announced on his first day back in office.
He squarely blamed Canada and Mexico for allowing "mass numbers of people and fentanyl" to come into the US.
He told reporters on Monday in the Oval Office that he "may" impose a universal tariff on all imports because "essentially all countries take advantage of the US." He announced the new levies on Tuesday.
The tariffs are predicted to impact the global supply chain, as Mexico, China and Canada account for a third of the trade in goods with the US.
Altogether, the three countries purchased more than $1