Source: The Patriot Light | AWK Network | VIEW ORIGINAL POST ==>
President Trump told reporters on Thursday that he will impose a 25% tariff on Canada and Mexico.
It will go into effect on Saturday, February 1st.
“I’ll be putting the tariff of 25% on Canada and separately 25% on Mexico,” Trump said.
“Those tariffs may or may not rise with time,” he added.
WATCH:
Trump announces 25 percent tariffs for Mexico and Canada pic.twitter.com/QqcUp4dm9K
— Aaron Rupar (@atrupar) January 30, 2025
Trump said he’ll decide on Thursday if the tariff will include oil.
Per Reuters:
U.S. President Donald Trump on Thursday said he would soon decide whether to exclude Canadian and Mexican oil imports from the 25% tariffs that he has vowed to impose on Saturday on the countries’ products.
“We may or may not. We’re going to make that determination probably tonight,” Trump said about whether he would impose tariffs on Canadian and Mexican oil. He added that this would partly depend on prices and on whether the two countries “treat us properly.”
Trump has set a Saturday deadline to impose 25% tariffs on imports from Mexico and Canada to push the two largest U.S. trading partners to take action to halt illegal migrants and…
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