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International Business Times
International Business Times
Politics
Carla St. Louis

Trump Says Canada And Mexico Could Face 25% Tariffs Starting Next Month

Donald Trump Canada Mexico
Donald Trump spoke publicly during his campaign about his plans to impose 2000% tariffs on imported cars, EV policy changes and allowing car loan interest deduction for only vehicles made in the United States. (Credit: AFP)

Canadian officials said they are prepared for President Donald Trump's sweeping 25% tariff, which will go into effect on Feb. 1, against Canada and Mexico.

During his campaigning for the second presidency, Trump spoke publicly about his plans to impose 2000% tariffs on imported cars, EV policy changes and allowing car loan interest deduction for only vehicles made in the United States.

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