Trump’s tariffs on China, Canada, and Mexico will take effect March 4th
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Summary
President Donald Trump has confirmed that the previously announced tariffs on goods from Canada, Mexico and China will come into force from 4 March, unless “drugs, particularly fentanyl, are stopped or seriously restricted” from entering the US.
In a post on the new Trump-created social network Truth, he claimed drugs were “pouring into” the US from those countries at “very high and unacceptable levels”, especially ones stemming from China that are subsequently supplied to Mexico and Canada.
The announcement reflects the administration’s preparedness for a month-long pause on tariffs on both nations to expire.
Additionally, Trump’s post reaffirmed a deadline on retaliatory tariffs on countries that impose tariffs on US goods, which could affect the tech industry, as a 25% tariff on computer chips is also a possibility.