Trump to enact tariffs on Mexico, Canada and China starting Feb. 1, White House says
CBSN
President Trump will enact 25% tariffs on imports from Mexico and Canada starting Feb. 1, as well as a 10% tariff on imports from China, according to White House spokeswoman Karoline Leavitt.
"The president will be implementing tomorrow 25% tariffs on Mexico, 25% tariffs on Canada and a 10% tariff on China, for the illegal fentanyl they have sourced and allowed to distribute into our country, which has killed tens of millions of Americans," Leavitt said at a White House briefing on Friday.
Mr. Trump has said he's specifically targeting Canada and Mexico — the nation's biggest trading partners — along with China, with tariffs to compel them to halt the flow of undocumented immigrants and illicit drugs into the U.S. The president has also said tariffs will generate money for the federal government, although the import duties are paid by U.S. importers — companies such as Walmart or Target — and typically passed onto American consumers.
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