#Trump Mexico has imposed tariffs on Canada and China President Donald Trump has imposed tariffs on imports from Mexico, Canada and China. Trump has long supported tariffs as a tool to negotiate demands from trading partners, including longtime U.S. allies U.S. President Donald Trump is advancing long-threatened import tariffs on goods from Canada, Mexico and China. On Saturday, Peter Navarro, the Trump administration’s senior trade and manufacturing adviser, confirmed that the president is imposing a 25% tariff on imports from Mexico and Canada and a 10% tariff on China. A lower 10% tariff will be imposed on energy supplies from Canada. Tariffs are taxes on foreign goods paid by U.S. importers. Economists are generally opposed to tariffs, arguing that they lead to higher prices for domestic consumers. But Trump has long supported tariffs as a way to negotiate better deals with U.S. trading partners, protect domestic industries from foreign competition and generate revenue. In the Oval Office on Friday, Trump said the decision to impose tariffs on goods from Canada, Mexico and China was “purely economic.” He cited U.S. trade deficits with the three countries, but also pointed to fentanyl, accusing all three of being complicit in the spread of the deadly opioid in the U.S. Trump later vowed to impose new or additional tariffs on numerous other categories of foreign goods, including microchips, oil and gas, steel, aluminum, copper and pharmaceuticals, including “any kind of drug.” Trump later said he would “absolutely” impose tariffs on the European Union.
