Trump Announces Tariffs on Canada, Mexico, and China Over Border and Drug Concerns

The president-elect plans to impose tariffs of up to 25% on top U.S. trading partners, citing illegal immigration and fentanyl trafficking.

Donald Trump, set to begin his second term in January, announced a 25% tariff on imports from Canada and Mexico and an additional 10% tariff on Chinese goods.
Trump claims the tariffs aim to pressure these countries to curb illegal immigration and stop the flow of fentanyl into the United States.
Economists warn the tariffs could disrupt global trade, increase consumer prices, and risk inflationary pressures in the U.S. economy.
Canada and Mexico, heavily reliant on U.S. trade, have expressed concerns, while China has yet to respond to the proposed measures.
Analysts suggest the announcement may serve as a negotiating tactic, though the potential economic fallout remains a significant concern.