On Tuesday, Feb. 25, U.S. President Donald Trump said his administration plans to implement tariffs on neighbors Canada and Mexico next week.
The tariffs were delayed a month after the countries promised to beef up their border security but Trump told reporters Monday the tariffs will now move” forward on time, on schedule.”
Trump said earlier that the country would be hit with 25% tariffs on its products. Canada will also see a 10% duty on energy products.
“So the tariffs will go forward, yes, and we’re going to make up a lot of territory,” Trump said, suggesting that countries have treated the United States unfairly economically, but failed to give examples.
“It seems like that’s moving very rapidly,” Trump said of the tariffs. “We’ve been mistreated very badly by many countries, not just Canada and Mexico.”
Trump called for reciprocity between the United States, Canada and Mexico.
“All we want is reciprocal,” Trump said. “We want reciprocity. We want the same.”
Canada and Mexico make up $900 billion in U.S. imports, including automobiles and agricultural products. The leaders of both countries said they would follow suit with retaliatory tariffs with Trump follows through.
TYT Newsroom
