Washington (TDI): US President Donald Trump has announced that his administration will proceed with the imposition of a 25% tariffs on goods imported from Mexico and Canada.
The decision, set to take effect on Tuesday, comes as the White House underlines concerns over the consistent inflow of illicit drugs into the United States.
During an address at the Oval Office, President Trump reasserted that the tariffs are a necessary measure, citing insufficient progress in curbing the flow of fentanyl into the United States.
“There are ongoing discussions with the Chinese, Mexico, and Canada,” a White House official stated.
“We’ve made significant strides in handling migration, but fentanyl-related fatalities remain a grave concern.”
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Meanwhile, Canada and Mexico are engaging in high-level talks with their US counterparts in an attempt to avert the impending tariffs.
Mexican Economy Minister Marcelo Ebrard is scheduled to meet US Trade Representative Jamieson Greer and Commerce Secretary Howard Lutnick, with potential countermeasures being weighed by Mexican officials.
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Canadian authorities elucidated their commitment to strengthening border security and combatting drug trafficking, positioning these efforts as a basis for tariff exemptions.
Despite worries about the wider economic consequences, President Trump has attempted to minimize concerns regarding the possible increasing effects of these tariffs.
“It’s not about inflation. It’s about fairness,” he remarked.
The coming days are expected to be pivotal, as negotiations unfold and global markets react to these latest developments in international trade policy.
A dedicated writer and avid observer of the evolving world of international relations. My passion for geopolitics was ignited during my academic journey, where I excelled in competitive exams, and it has since become the cornerstone of my writing career. I am driven by an insatiable curiosity about the complex interplay of global forces that shape our world.
