“On January 20, as one of my many first executive orders, I will sign all necessary documents to impose 25% tariffs on ALL products entering the United States on Mexico and Canada.“, the president-elect wrote in a post on his Truth Social network. “This tax will remain in effect until drugs, especially fentanyl, and all illegal immigrants stop this invasion of our country!“, he added.
In a separate post, he announced an increase in customs taxes of 10%, which is added to those already existing and to those additional that he could still decide, on “all the many products arriving from China to the United States“.
He explained that he had often raised the problem of the influx of drugs, particularly fentanyl, one of the main culprits of the opioid crisis in the United States, with Chinese leaders who promised him severe punishment.up to the death penalty“, THE “traffickers“. “But they never got to the end of things.“
National security reasons can be invoked to deviate from the rules set by the World Trade Organization (WTO) but countries generally refrain from using this exception as a regular tool of trade policy. The increase in customs duties, which he often described as his “favorite expression“during his campaign, is one of the keys to the president-elect’s future economic policy.
