Trump announces 25% tariff increase for Mexico and Canada starting February 1
US President Donald Trump has announced that his administration will impose 25 percent duties on imports from Mexico and Canada starting February 1.
This is reported by The Hill.
He said this during the signing of executive orders, answering a question about duties for these two countries.
“We’re thinking about 25 percent for Mexico and Canada because they allow a lot of people… to come in and fentanyl to come in,” Trump said.
He also added that he plans to do this on February 1.
Earlier, he had already announced an increase in tariffs on all imports from Mexico, which is the main trading partner of the United States. Later, he said the same about Canada and China.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
Black Sea & Danube region: How agri business can generate money in 2026
Canada’s total wheat production nears 40 mln tons
Ukrainian disk harrow Velly will operate in South America
Malaysian palm oil exports are declining, while Indonesian palm oil exports are gr...
Vietnam eases access to GM feed materials to curb rising feed costs
Write to us
Our manager will contact you soon