Trump Signs Orders to Impose Tariffs on Canada, Mexico, China
by Andrew Moran, The Epoch Times.com, February 2, 2025
President Donald Trump has signed orders to impose 25 percent tariffs on goods from Canada and Mexico and an additional 10 percent levy on goods from China.
Trump said the tariffs were imposed via the International Emergency Economic Powers Act “because of the major threat of illegal aliens and deadly drugs killing our citizens, including fentanyl.”
“We need to protect Americans, and it is my duty as President to ensure the safety of all. I made a promise on my Campaign to stop the flood of illegal aliens and drugs from pouring across our Borders, and Americans overwhelmingly voted in favor of it,” Trump posted on Truth Social after signing the orders Saturday evening.The tariffs are to come into effect on Feb. 4.
The White House noted in a statement that “Fentanyl is the leading cause of death for Americans ages 18 to 45.”
“Today’s tariff announcement is necessary to hold China, Mexico, and Canada accountable for their promises to halt the flood of poisonous drugs into the United States,” the White House said on Saturday evening.
After weeks of speculating, the White House imposed the taxes in retaliation for “the illegal fentanyl that they have sourced and allowed to distribute into our country,” said Trump’s press secretary Karoline Leavitt.
“These are promises made and promises kept by the president,” Leavitt said at a Jan. 31 press conference.
Trump also said the levies were needed because of the sizable trade deficit between the United States and Canada. While the president estimated the gap to be $200 billion, recent U.S. Census Bureau data suggest the trade deficit with Canada was $55 billion in the first 11 months of 2024.READ: Canada Retaliates With 25 Percent Tariffs on $155 Billion Worth of US Imports with Mexico Expected to Follow
If they remain in place, the president’s tariffs will affect approximately $1.6 trillion in annual trade between the North American countries, including crude oil.
The United States imports about 4.5 million barrels of oil daily from Canada. President Trump told reporters that he will “probably” lower crude tariffs to 10 percent.
Sunderesh Heragu, a researcher and educator at Oklahoma State University, says gasoline prices could have the most notable impact, as the United States imports a lot of crude oil from its North American neighbors.
“Twenty percent of the oil from Canada gets processed by the U.S. refineries, so when that supply is cut, then you’re going to see at least 20 percent, maybe more, less gas at the pumps,” Heragu told The Epoch Times. “That’s going to impact the prices significantly.”
According to the American Automobile Association, the national average price for a gallon of gasoline is $3.11 on Jan. 31.Here are the Items Candadian Tariffs will impact for US Consumers:
- Beer, wine, and bourbon
- Fruits and fruit juices including orange juice, as well as vegetables
- Perfume, clothing, and shoes
- Major consumer products such as household appliances and furniture
- Sports equipment
- Other materials such as lumber and plastics
The outgoing prime minister acknowledged that Canada “could be facing difficult times in the coming days and weeks,” but all three levels of government will support Canadians.
Mexico & Canada are about to FAFO.
— Patrick Bet-David (@patrickbetdavid) February 2, 2025
77% of Canada's exports go to the 🇺🇸
84% of Mexico's exports go to the 🇺🇸
Both of them rely on 🇺🇸
Quick tip to Trudeau + Sheinbaum
Step #1: Read “Art of the Deal”
Step #2: Take a cold shower
Step #3: Call DJT to apologize
Step #4: Pray 🙏
Conservative leader Pierre Poilievre and New Democratic Party chief Jagmeet Singh requested Parliament to be recalled. Prime Minister Trudeau prorogued Parliament until the Liberal Party selected a new leader to replace him.
“We need to let these workers know, ‘we got your back,’ and so I’m calling on Parliament to be recalled so that we can put in place those protections,” Singh said prior to Trump’s announcement. “If there’s any legislation required to actually put in place supports for workers, let’s get that done.”Ontario Premier Doug Ford has urged Ottawa to be ready to respond with “dollar for dollar” and “tariff for tariff” retaliation.
“Canada won’t start this fight, but we have to be ready to win it,” Ford wrote on social media platform X.
Trump added that he is not seeking negotiations. “We’re not looking for a concession,” he said. “We'll see what happens.”
