Trump’s Administration Finally Commences Implementation Of Tariffs On Canada, Mexico

Cat:

Related stories

Tinubu Departs Saint Lucia, Heads to Brazil for BRICS Summit

By Abiola Olawale President Bola Ahmed Tinubu departed Saint Lucia...

2027: Drama, Intrigues as Julius Abure Tells Otti to Quit Labour Party

By Abiola Olawale In a dramatic turn of events, Barrister...

FG Secures $100m for Lagos-Calabar Project from ECOWAS Bank

By Abiola Olawale The Nigerian government has reportedly secured a...

Ex- Arsenal Star Thomas Partey Faces Rape, Sexual Assault Charges in UK

By Abiola Olawale The Metropolitan Police have formally charged former...

Edwin Cortes: Prefers Being A Small Puerto Rican Than Big American

By Owei Lakemfa To be a citizen of the United...

By Abiola Olawale

In a move that has sparked widespread concern across North America, United States President Donald Trump confirmed on Monday that steep tariffs on goods imported from Canada and Mexico will take effect this Tuesday, March 4, 2025.

This is as Trump announced a 25% tariff on all imports from the US two closest neighbours and trading partners, citing issues ranging from border security to economic imbalances.

Speaking from the White House, Trump declared: “It’s time to put America first. We’ve been taken advantage of for too long. These tariffs will bring jobs back and force Canada and Mexico to get serious about stopping the flow of drugs and illegal immigrants across our borders.”

The President also hinted at additional measures, including a potential increase in tariffs on Chinese goods, though details on that front remain unclear.

The New Diplomat reports that the latest announcement follows weeks of uncertainty, with Trump initially signalling a willingness to negotiate with Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum.

However, talks appear to have stalled, with Trump stating there was “no room left” for a deal that would avert the tariffs. “They had their chance,” he added during a press briefing.

It was gathered that the tariffs begin at 12:01 a.m. EST (0501 GMT) on Tuesday, the Trump administration confirmed in Federal Register notices. At that point, the US Customs and Border Protection agency will begin collecting 25% on Canadian and Mexican goods, with a 10% duty for Canadian energy.

In response, Canada said it would retaliate with 25% tariffs on C$155 billion ($107 billion) worth of US goods if Trump’s tariffs went into effect, Prime Minister Justin Trudeau said Monday evening and urged the White House to reconsider.

Trudeau said Canadian tariffs will go into effect for C$30 billion of products at the same time as US tariffs on Tuesday, while duties on the remaining C$125 billion of US goods will apply in 21 days.

“Our tariffs will remain in place until the US trade action is withdrawn, and should US tariffs not cease, we are in active and ongoing discussions with provinces and territories to pursue several non-tariff measures,” Trudeau said in a statement.

The New Diplomat
The New Diplomathttps://newdiplomatng.com/
At The New Diplomat, we stand for ethical journalism, press freedom, accountable Republic, and gender equity. That is why at The New Diplomat, we are committed to speaking truth to power, fostering a robust community of responsible journalism, and using high-quality polls, data, and surveys to engage the public with compelling narratives about political, business, socio-economic, environmental, and situational dynamics in Nigeria, Africa, and globally.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

NDN
Latest News
Tinubu Departs Saint Lucia, Heads to Brazil for BRICS Summit2027: Drama, Intrigues as Julius Abure Tells Otti to Quit Labour PartyFG Secures $100m for Lagos-Calabar Project from ECOWAS BankEx- Arsenal Star Thomas Partey Faces Rape, Sexual Assault Charges in UKEdwin Cortes: Prefers Being A Small Puerto Rican Than Big AmericanJune 12 And The International Pursuit of Justice For Abiola, By Femi FalanaBreaking Down the West’s $146 Billion 2024 Defence Technology InvestmentG7 vs. the World: GDP, Population, and Military StrengthUS drillers cut oil and gas rigs for 10th week in a row, Baker Hughes saysExclusive! Tinubu Tips Late Ajimobi's Wife, Florence, Others for Ambassadorial PostsTinubu Mourns, Pays Tribute to Legendary Super Eagles Goalkeeper Peter RufaiNatasha vs Akpabio: Court Orders Senate President To Recall Senator NatashaHadi Sirika Denies Defection to ADC Coalition Rumors, Reaffirms Loyalty to Buhari, APCChina Snubs U.S. Crude for Third Month, Even as Ethane Trade RestartsHow Super Eagles Icon Peter Rufai passed Away at 61
X whatsapp