Trump says tariffs on Canada and Mexico ‘will go forward’

Trump says tariffs on Canada and Mexico ‘will go forward’


President Trump says tariffs on Canada and Mexico 'will go forward'

President Donald Trump said Monday that sweeping U.S. tariffs on imports from Canada and Mexico “will go forward” when a month-long delay on their implementation expires next week.

“The tariffs are going forward on time, on schedule,” Trump said when asked at a White House press conference if the postponed tariffs on the two U.S. trading partners would soon go back into effect.

The president claimed that the U.S. has “been taken advantage of” by foreign nations on “just about everything,” and reiterated his plan to impose so-called reciprocal tariffs.

“So the tariffs will go forward, yes, and we’re going to make up a lot of territory,” Trump said.

U.S. President Donald Trump delivers remarks during a joint press conference with French President Emmanuel Macron in the East Room at the White House on Feb. 24, 2025 in Washington, DC.

Tasos Katopodis | Getty Images

Trump signed executive orders on Feb. 1 imposing 25% tariffs on products from Mexico and Canada, as well as 10% duties on Canadian energy.

The president, who has praised the use of tariffs as both a negotiating tool and a revenue source, based the orders on the alleged failures of Mexico and Canada to stop crime and drug trafficking at their respective U.S. borders.

But Trump paused the new tariffs two days later, after Mexican President Claudia Sheinbaum and Canadian Prime Minister Justin Trudeau made separate pledges to boost their border-policing efforts.

Trump, announcing the new agreements on Truth Social on Feb. 3, said the tariffs on Canadian goods would be paused for 30 days while the duties on Mexican imports would be postponed for one month.

This is breaking news. Please refresh for updates.



Source

What happens if Trump fires Fed Chair Powell: ‘This would be a mess,’ analysts warn
Politics

What happens if Trump fires Fed Chair Powell: ‘This would be a mess,’ analysts warn

U.S. Federal Reserve Chair Jerome Powell, left, and U.S. President Donald Trump. Nathan Howard | Jonathan Ernst | Reuters A new research note gaming out possible scenarios if President Donald Trump decides to fire Federal Reserve Chairman Jerome Powell warns that, regardless of what exactly happens next, “this would be a mess.” “We expect, as […]

Read More
Crypto regulation stumbles in Congress for a second day
Politics

Crypto regulation stumbles in Congress for a second day

Representative Steve Scalise, a Republican from Louisiana, center, speaks to members of the media in Statuary Hall of the US Capitol in Washington, DC, US, on Wednesday, July 16, 2025. Valerie Plesch | Bloomberg | Getty Images The future of a trio of crypto regulation bills was in limbo late Wednesday, after the second day of […]

Read More
Shares of gun seller GrabAGun — backed by Donald Trump Jr. — tank after NYSE trading debut
Politics

Shares of gun seller GrabAGun — backed by Donald Trump Jr. — tank after NYSE trading debut

Donald Trump Jr. rings the opening bell on the New York Stock Exchange (NYSE) for the Texas-based firearm e-commerce platform GrabAGun where Trump is a member of the board on July 16, 2025 in New York City. Spencer Platt | Getty Images Shares of the online firearms retailer GrabAGun — whose shareholders and board members […]

Read More