President Donald Trump has announced plans to move forward with new tariffs on Canada, Mexico, and China, according to the White House. The decision reaffirms the president's commitment to the February 1 deadline for implementing these tariffs, which could have significant implications for the economy.
White House press secretary Karoline Leavitt confirmed that the tariffs will involve a 25% duty on Mexico and Canada, as well as a 10% tariff on China. These tariffs are intended to address the issue of illegal fentanyl being sourced and distributed into the United States, resulting in the deaths of tens of millions of Americans.