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US to boost tariffs on China and push ahead with Canada and Mexico levies

The Owner Press by The Owner Press
February 27, 2025
in Business News
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US President Donald Trump stated he would impose a further 10 per cent tariff on imports from China and press forward with levies on Mexico and Canada from March 4.

“The proposed TARIFFS scheduled to enter impact on MARCH FOURTH will, certainly, go into impact, as scheduled,” Trump wrote on Fact Social on Thursday.

The president halted the proposed tariffs on Mexico and Canada earlier this month, simply hours earlier than they had been as a consequence of start, giving the US’s two greatest buying and selling companions a month-long reprieve.

However in his submit on Thursday, Trump claimed that “medicine are nonetheless pouring into our Nation from Mexico and Canada at a really excessive and unacceptable ranges”.

Washington may also hit China with a further 10 per cent levy on March 4, he stated, including that his reciprocal tariff plan would nonetheless go forward as deliberate on April 2.

“China will likewise be charged a further 10% Tariff on that date. The April Second Reciprocal Tariff date will stay in full power and impact,” Trump wrote.

This can be a growing story



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