Wed. Feb 5th, 2025

AMN

U.S. President Donald Trump signed an executive order Saturday that places 25% tariffs on imports from Canada and Mexico and 10% tariffs on goods from China starting Tuesday, the White House said.

“Both Canada and Mexico have allowed an unprecedented invasion of illegal fentanyl that is killing American citizens, and also illegal immigrants into our country,” White House press secretary Karoline Leavitt said during her briefing Friday.

Trump, who is spending the weekend at his Mar-a-Lago estate in Florida, was not scheduled to speak to reporters.

While Canadian goods will face a 25% tariff, Trump said he would tariff Canadian crude oil imports at 10%. Mexico’s energy imports are included in its 25% tariffs. For Canada alone, Trump canceled the “de minimis” tariff exemption for shipments worth less than $800.

China’s 10% would be on top of various existing tariffs on its goods.

Under the order, there is no process to seek an exception, but there is one to escalate the tariff rates if the countries retaliate.

Mexico and Canada responded later Saturday while China denounced Trump’s action Sunday but left open the possibility for talks to avoid worsening the situation.

Mexican President Claudia Sheinbaum ordered retaliatory tariffs in response to the U.S. move, saying in a post on X that her government would prefer dialogue but had been forced to respond.

“I’ve instructed my economy minister to implement the plan B we’ve been working on, which includes tariff and nontariff measures in defense of Mexico’s interests,” she wrote.

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