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Monday, February 3, 2025

Trump confirms new tariff plans targeting EU, Mexico, Canada, and China

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Mary Benefield 3rd Vice Chair | DeKalb County Republican Party

Mary Benefield 3rd Vice Chair | DeKalb County Republican Party

President Trump announced his intention to impose tariffs on the European Union while confirming that tariffs against Mexico, Canada, and China will take effect imminently. This development follows his previous declaration regarding Colombia's actions.

During a session in the Oval Office, President Trump stated he would "absolutely" implement tariffs on the European Union. He criticized the EU for its treatment of the United States.

The Gateway Pundit reported that Saturday is set as the deadline for 25% tariffs on goods from Mexico and Canada, with a potential increase to 50%. The administration maintains these measures are aimed at addressing illegal migration and drug trafficking issues. President Trump emphasized deficits with these countries as another reason for the tariffs.

White House Press Secretary Karoline Leavitt confirmed that despite reports suggesting otherwise, the tariffs will be enforced starting Saturday. She reiterated that this decision aligns with Trump's commitments to address illegal fentanyl distribution originating from China.

Leavitt did not provide details about potential exemptions for oil imports but indicated that further information would be available once the tariffs are publicly disclosed.

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