International Economic
Trump looking to place 25% tariffs on Canada and Mexico
By Alexander Bueso
Date: Tuesday 21 Jan 2025
(Sharecast News) - The US president said that he is aiming to levy 25% tariffs on imports from and Mexico by 1 February.
Donald Trump made the remarks from the Oval Office, in response to journalists' questions, as he was signing a raft of executive orders.
In separate remarks, Trump said that he was not yet ready to put in place a universal tariff on all countries.
During the election, the president had indicated that he would place a universal tariff of at least 10%.
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