Trump to impose tariffs on Canada and Mexico
Fox News chief political anchor Bret Baier has the latest on the announcement from President-elect Donald Trump on 'Special Report.'
President-elect Trump on Monday said he would issue an executive order upon taking office to charge Mexico and Canada a 25% tariff on all products coming into the United States, as well as additional tariff hikes on China over the flow of illegal immigrants and illicit drugs.
In a Truth Social post, Trump, who takes office on Jan. 20, 2025, said thousands of people were "pouring through" Mexico and Canada "at levels never seen before."
"Right now a Caravan coming from Mexico, composed of thousands of people, seems to be unstoppable in its quest to come through our currently Open Border," he wrote. "On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders."
TRUMP'S TARIFFS WOULD DRIVE UP CONSUMER PRICES: NATIONAL RETAIL FEDERATION
President-elect Trump on Monday announced his intention to charge Canada, China and Mexico significant tariffs for their goods entering the United States as a result of the flow of illegal immigrants and drugs across the border. (Allison Robbert-Pool/Getty Images/File)
"This Tariff will remain in effect until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this Invasion of our Country!" he added. "Both Mexico and Canada have the absolute right and power to easily solve this long simmering problem."
Dating back to his first administration, Trump has long pushed Mexico to be more proactive in preventing the flow of illegal immigrants and illicit drugs into the United States.
"And until such time that they do, it is time for them to pay a very big price!" he said.
In a subsequent post, Trump said he would institute an additional 10% tariff on all Chinese goods being imported into the U.S. over the "massive amounts" of drugs, in particular fentanyl, being smuggled into the U.S.
Trump said he has spoken with Chinese officials about fentanyl coming into the U.S., noting that the communist nation previously promised to put to death drug dealers involved in the illicit trade, but failed to follow through.
WALMART WARNS OF HIGHER PRICES IF TRUMP IMPLEMENTS PROPOSED TARIFFS
Fentanyl victims' families say crisis 'begins and ends with China'
Gxstocks' Lauren Simonetti reports on how families of fentanyl victims are calling for a major crackdown on China's alleged trade in the deadly drug.
"Until such time as they stop, we will be charging China an additional 10% Tariff, above any additional Tariffs, on all of their many products coming into the United States of America," he wrote.
Fentanyl, a synthetic opioid that is up to 50 times stronger than heroin and can be fatal in small doses, has claimed the lives of hundreds of thousands of Americans and is a factor in many drug overdose deaths. Many illegal drugs are laced with fentanyl to make them cheaper and more powerful. Some users don't even know they are ingesting the substance.
U.S. officials have frequently said that illicit fentanyl is created in Mexico using Chinese precursors and is then smuggled across the border by drug cartels.
"Indeed, unknown to most Americans, the Chinese Communist Party (CCP) is actively funding, supporting, and pushing America’s most deadly drug threat in history," reads a Heritage Foundation report called "Holding China and Mexico Accountable for America’s Fentanyl Crisis."
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Walmart CFO John David Rainey unpacks consumer sales, the impact of the port strikes and the impact of tariffs on 'The Claman Countdown.'
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"The combined forces of deadly Mexican drug cartels and hostile Chinese ambitions have delivered to the United States a destabilizing crisis and a death toll that each year eclipses the total of U.S. casualties from the Vietnam War."
The report finds that chemicals are arriving through air cargo, postal facilities and maritime routes. The authors also point to reports of an increased Chinese role in networks in Canada.
Fox News Digital's Adam Shaw contributed to this report.
