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Trump says Mexico, Canada tariffs will start March 4, plus additional 10% on China (www.cnbc.com)

submitted 4 days ago by [email protected] to c/[email protected]

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Summary

Trump announced 25% tariffs on Mexico and Canada will begin March 4, claiming continued drug trafficking concerns despite earlier border enforcement pledges.

On the same date, China will face an additional 10% tariff, bringing total Chinese import tariffs to 20%.

This announcement contradicted earlier statements by White House Economic Director Kevin Hassett, who suggested all tariff decisions would come after an April 1 study.

Trump's broader tariff agenda includes global 25% steel and aluminum tariffs starting March 12 and reciprocal tariffs on nations with duties on US imports.

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[–] [email protected] 5 points 4 days ago (1 children)

Run up some credit cards and don't look back!

[–] Galapagon 9 points 4 days ago

I'm not convinced that's good advice