Shortly after delivering his inauguration address on Monday, President Donald Trump said 25-percent tariffs on goods from Canada and Mexico could be imposed as soon as February 1.
“We are thinking in terms of 25% on Mexico and Canada, because they are allowing vast numbers of people — Canada is a very bad abuser also – vast numbers of people to come in and fentanyl to come in,” Trump told reporters from the Oval Office on Monday evening.
“I think we’ll do it February 1,” Trump responded when a reporter asked for the timing on these tariffs.
Trump later said he would consider putting a “universal tariff” on “anybody doing business in the United States” if “they’re stealing our wealth, they’re stealing our jobs, they’re stealing our companies, they’re hurting our companies.”
Trump’s comments clearly surprised the Canadian government, whose…