Trump Announces 25% Tariff On Mexico, Canada, 10% On China

President-elect Donald Trump plans to impose a 25% tariff on goods from Mexico and Canada and a 10% tariff on Chinese imports, citing issues like the drug trade and immigration. He intends to sign the executive orders on January 20. While economists warn of inflation, Trump’s supporters argue that tariffs are necessary to secure better trade deals and bring back US manufacturing jobs.