President-elect Donald Trump has announced on his social media site Truth Social that tariffs are in fact coming and two countries are already atop that list.
The Lowdown
According to Donald Trump, apart from China both Canada and Mexico are expected to see tariffs imposed against their exports into the United States. Reminder: the importer pays not the exporter. Tariffs are a big part of Trump ‘s incoming administration and are also expected to include China which will see an additional 10% in tariffs or until ‘drugs’ are no longer involved from mainland China.
Trump claimed in his post that the tariffs would continue until drugs ‘and illegal aliens’ are no longer flowing into the United States.
“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 posted on his Truth Social platform. “This Tariff will remain in effect until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this Invasion of our Country!”