Trump pledges tariffs on Canada and Mexico, more on China, too

U.S. President-elect Donald Trump said connected Monday that connected his archetypal time successful bureau helium would enforce a 25% tariff connected each products from Mexico and Canada, and an further 10% tariff connected goods from China, citing concerns implicit amerciable migration and the commercialized of illicit drugs.

"On January 20th, arsenic 1 of my galore archetypal Executive Orders, I volition motion each indispensable documents to complaint Mexico and Canada a 25% Tariff connected ALL products coming into the United States, and its ridiculous Open Borders," Trump said successful a station connected Truth Social.

Trump said the tariffs would stay successful spot until the 2 countries clamp down connected drugs, peculiarly fentanyl, and migrants crossing the borderline illegally.

On China, the president-elect accused Beijing of not taking beardown capable enactment to halt the travel of illicit drugs crossing the borderline into the U.S. from Mexico.

"Until specified clip arsenic they stop, we volition beryllium charging China an further 10% Tariff, supra immoderate further Tariffs, connected each of their galore products coming into the United States of America," Trump said.

Trump has antecedently pledged to extremity China's most-favored-nation trading presumption and slap tariffs connected Chinese imports successful excess of 60% - overmuch higher than those imposed during his archetypal term.

The Chinese system is successful a overmuch much susceptible presumption fixed the country's prolonged spot downturn, indebtedness risks and anemic home demand.

The dollar roseate much than 2% against the Mexican peso MXN= aft Trump posted connected his societal media platform.

Mexico's overseas ministry and its system ministry did not person an contiguous remark erstwhile contacted by Reuters.

The Chinese embassy successful Washington, the bureau of Canadian Prime Minister Justin Trudeau and the Canadian overseas ministry did not instantly respond to abstracted requests for comment.