Trump Slaps 25% Tariffs On Canada, Mexico: Loonie, Peso Slide, Oil Climbs
Benzinga
2025-01-31
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President Donald Trump confirmed Thursday the United States will impose 25% tariffs on imports from Canada and Mexico starting Saturday, Feb. 1. The move follows Trump's promise to impose tariffs due to concerns over illegal immigration, wide trade deficits and fentanyl trafficking from both countries.
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