Trumps New Drug Tariffs: US President Donald Trump today imposed a 25% tariff on Canada and Mexico and an additional 10% tariff on China from February 1. He signed the executive order regarding this. During this, when Trump was asked whether these countries could do something to delay the tariff. They replied that no, they cannot do anything now.
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Trumps New Drug Tariffs
Trump said that our threats are not just for bargaining. We have a huge trade deficit with these three countries. We will also see further whether to increase it or not, but a lot of money will come to America.
Earlier on Friday, White House spokesperson Carolyn Levitt said that Donald Trump will impose a 25% tariff on imports from Canada and Mexico and a 10% tariff on Chinese goods from Saturday, because illegal fentanyl drugs are reaching our country from these countries, causing millions of deaths. Americans have been killed.
*Fentanyl is a powerful synthetic opioid drug. Its overdose reduces the supply of oxygen to the brain. Due to this, the person can go into a coma, or he can even die.
Tariffs Coming for Europe’s Aluminum and Copper
Trump is also considering imposing tariffs on aluminum, copper, medicines, and semiconductors coming from Europe. He said that we are going to impose tariffs on steel, aluminum, and copper. It will take a little more time to impose tariffs on copper. Trump said that he does not care what effect imposing tariffs will have on the market.
Canadian PM Said on Trumps New Drug Tariffs
we will also take action On Friday, Canadian Prime Minister Justin Trudeau said that we do not want something like this to happen, but if he moves forward, we will also take action. According to media reports, Canada may impose tariffs on orange juice from Trump’s home state Florida in retaliation.
Mexico’s President Claudia Sheinbaum said that she would make further decisions only after taking stock of the situation. However, he warned that Mexico could also retaliate. Sheinbaum said- We always want to talk without any pressure to respect our people.
China said that we oppose Trump’s decision. There will be no winners in this tariff war. This will benefit neither the two countries nor the world.
Jesus Christ.
— CALL TO ACTIVISM (@CalltoActivism) January 31, 2025
Donald Trump says he is going to put tariffs on pharmaceutical drugs.
This will literally kill people.
pic.twitter.com/XL4eQafhty
Jay Chavda He is the Founder and Writer of businesspulsecare.com. He is an I.T Engineer, Freelancer, Businessman. He posts Business, Stock/Share Market, Finance Related News and updates on the website. 🔗