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    Home»World Economy

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

    Team_NewsStudyBy Team_NewsStudyFebruary 27, 2025 World Economy No Comments2 Mins Read
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    US President Donald Trump mentioned he would impose an extra 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 publish on Thursday, Trump claimed that “medicine are nonetheless pouring into our Nation from Mexico and Canada at a really excessive and unacceptable ranges”.

    Washington will even hit China with an extra 10 per cent levy on March 4, he mentioned, including that his reciprocal tariff plan would nonetheless go forward as deliberate on April 2.

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

    Trump’s remarks are an obvious reversal from feedback he made on Wednesday, when he mentioned that the levies on Canada and Mexico would take impact on April 2, suggesting a attainable delay.

    This can be a growing story



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