Donald Trump made a bold trade-policy statement yesterday pointing at US neighbors: he wants to put a 25-percent tax on stuff coming from Mexico and Canada (which would make imported goods way more expensive)
In his truth-social post Trump wrote about his day-one plans: “On jan 20th as one of my many first Executive Orders I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States‚ and its ridiculous Open Borders“
On jan 20th [...] I will sign all necessary documents to charge Mexico and Canada a 25% Tariff
The ex-president laid out his demands for removing these import fees — both countries need to do more about:
- Stopping illegal border crossing
- Fighting drug trade
- Blocking fentanyl movement
The move would change current north-american trade relations — making products from both countries cost more for US buyers. This high-stakes policy aims to push neighboring countries into tighter border control; however experts say such quick-fix solutions might need more thought thru planning