Trump promises huge border tax for Mexico and Canada right after inauguration

Former president plans to hit neighboring countries with major import fees starting next year. The 25-percent tariff aims to push both nations toward stricter border and drug control

November 26 2024 , 12:08 AM  •  814 views

Trump promises huge border tax for Mexico and Canada right after inauguration

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

Trumpʼs Truth Social post

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