The president-elect has said Canada, China, and Canada could all be hit with tariffs once he takes office.
President-elect Donald Trump has announced plans to slap punitive tariffs on Canada, China, and Mexico, explaining in a post on his Truth Social platform they are intended to curb the flow of illegal drugs, such as fentanyl.
« As everyone is aware, thousands of people are pouring through Mexico and Canada, bringing Crime and Drugs at levels never seen before. Right now a Caravan coming from Mexico, composed of thousands of people, seems to be unstoppable in its quest to come through our currently Open Border », he wrote on his social media platform Truth Social.
Trump added that he would introduce a 25 percent tariff on all products coming into the U.S. from Canada and Mexico. He also said he would impose an additional 10 percent tariff on Chinese goods.China
The Chinese government has said that « no one will win a trade war. »
Spokesman at the Chinese embassy in Washington Liu Pengyu told the BBC that China « believes that China-U.S. economic and trade cooperation is mutually beneficial in nature. »
Trump said on Monday that he will impose an additional 10 percent tariff on Chinese goods entering the U.S. when he returns to the White House, warning that « massive amounts of drugs » are still entering the U.S. despite numerous talks.
The Chinese embassy in Washington told Newsweek: « Carrying out counter-narcotics cooperation is one of the important common understandings reached between President Xi and President Biden during their meeting in San Francisco in 2023.
« The counter-narcotics authorities of China and the U.S. have resumed regular communication since the San Francisco Summit. The Chinese side has notified the U.S. side of the progress made in U.S.-related law enforcement operations against narcotics. China has responded to U.
