A new round of trade conflict! Trump plans to impose 25% tariffs on Canada and Mexico starting in February

It is learned that recently, US President Donald Trump said that he plans to impose a 25% tariff on all imports from Canada and Mexico from February 1, 2025. The move was announced by Trump when he signed an executive order at the White House. He pointed out that this decision is related to illegal immigration and drug smuggling.

It is understood that the implementation date of this decision is tentatively set for February 1, but it may also be adjusted according to the situation. The Trump administration imposed high tariffs on Canada and Mexico because these two countries have shortcomings in dealing with illegal immigration and drug smuggling.

In addition, in his inaugural speech, Trump did not mention Canada directly, but said he would thoroughly reform the US trade system to protect the interests of American workers and families. He promised to promote the US economy and the interests of the people by means of tariffs and taxes.

Trump has said that if Canada, Mexico and China fail to take more effective measures to deal with illegal immigration and drug problems, he plans to impose a 10% tariff on Chinese goods and a 25% tariff on Canada and Mexico.

In response, Canada said the government will take measures to ensure that it responds to U.S. trade policies and strives to protect Canada's economic interests.

Trump's tariff plan has attracted widespread attention, and Canada has said it will take necessary measures to deal with possible trade policies by the United States. At the same time, the European Union is also ready to defend its own economic interests if necessary to prevent the United States from taking unilateral trade actions.

Trump's decision will have a profound impact on the United States' trading partners, especially Canada and Mexico. For Chinese cross-border e-commerce sellers, the increase in tariffs means that their competitiveness in the US market may decline, and the prices of some products will rise, resulting in a decrease in consumers' willingness to buy. In addition, e-commerce platforms may need to adjust their pricing and logistics strategies to cope with the additional costs brought by tariffs, which will directly affect profit margins and market share. It is expected that this policy may trigger a new trade conflict and have a wide-ranging impact on the global economy.

Author✎ Summer/
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