Trump has repeatedly warned top U.S. trading partners Mexico and Canada that he will impose tariffs if the two countries do not end shipments of fentanyl and the flow of migrants across U.S. borders
said his 25% tariffs on Canada and Mexico are coming on Saturday, but he’s still considering whether to include oil from those countries as part of his import taxes.
Trump said his decision will be based on whether the price of oil charged by the two trading partners is fair, although the basis of hispertains to stopping illegal immigration and the smuggling of chemicals used for fentanyl. But Trump showed no concerns that import taxes on the United States’ trading partners would have a negative impact on the U.S. economy, despite the risk shown in many economic analyses of higher prices.
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