Twenty-five percent tariffs on Canada and Mexico will come into effect on Saturday, while China has been threatened with a 10 percent hit.
The U.S. will impose 25% tariffs on Canada and Mexico, along with 10% on China, White House spokeswoman Karoline Leavitt said on Friday, but she declined to say whether there will be exemptions.
President Donald Trump's plan to impose tariffs on three of the nation's biggest trading partners Saturday could have sweeping impact across the world, and raise prices for American consumers.
White House press secretary Karoline Leavitt answers questions regarding Trump’s plans to impose tariffs on countries like Canada, Mexico and China.
Will prices on food, pharmaceuticals and electronics go up in Florida after President Trump's 25% tariffs on goods from Mexico and Canada begin?
The Trump administration said tariffs would take effect on Saturday on goods from Canada, Mexico and China. Mexico's president said the tariffs would violate trade agreements with the U.S. President Trump insisted that the tariffs would not lead to more inflation for U.
Trump will impose 25% tariffs on imports from Canada and Mexico and 10% on goods from China, following a pledge he made after winning the White House.
President Donald Trump intends to move ahead with plans on Saturday to impose 25% tariffs on Mexico and Canada and a 10% levy on China, the White House said, denying a report that he planned to delay the implementation by a month.
Canada, China, and Mexico are the United States' three largest trading partners. In 2023, the last full year for which data are available, the U.S. imported $475 billion of goods from Mexico, $426 billion from China, and $418 billion from Canada.
The White House has announced that goods coming from China will be subject to an additional 10% tariff, and a 25% tariff from Mexico and Canada.
Photo: President Donald Trump talks with reporters as he signs executive orders in the Oval Office at the White House, Thursday, Jan. 30, 2025, in Washington.