WDCTV, February 2025
President Donald Trump followed through on his campaign promise to implement sweeping tariffs on goods produced in Mexico, China, and, in a surprise move, Canada — the United States’ top three trading partners, which, according to the U.S. Census Bureau, collectively accounted for 42% of total imports in 2024.
By declaring an “economic emergency,” the Queens-born President placed a 10% tariff on all imports from China and a 25% tariff on imports from both Mexico and Canada. The only exception, as reported by the Associated Press, is on oil, natural gas, and electricity imported from Canada, which will instead be taxed at 10%. The order also grants the President the authority to raise these rates further if other countries retaliate — a scenario that has already begun to unfold. Canada has already retaliated with its own tariffs on American-made goods, and Mexico has vowed to do the same.
