Trump announced an increase in import tariffs starting February 1 for Canada, Mexico, and China.

The Trump administration is imposing large tariffs on imports from Mexico, Canada, and China starting Saturday.

White House Press Secretary Karine Leavitt announced the imposition of large tariffs on imports from Mexico, Canada, and China according to the decision of the Donald Trump administration. According to The New York Times, goods from Mexico and Canada will be subject to a 25% tariff, while imports from China will face a 10% tariff. These are significant costs for these countries as they account for a substantial portion of imports to the U.S.

The governments of Mexico, Canada, and China have promised to respond to Trump's tariffs with their own tariffs on American exports.

In response to the implementation of Trump's tariffs, the governments of Mexico, Canada, and China plan to impose their tariffs on American exports. In particular, Mexico may impose tariffs on orange juice from Florida, whiskey from Tennessee, and peanut butter from Kentucky.

Press Secretary Leavitt stated that the imposition of tariffs is related to the spread of illegal fentanyl, which Mexico, Canada, and China have allowed. She also claims that this fulfills promises made by President Trump.

Canadian Prime Minister Justin Trudeau stated that his government has a ready response plan to Trump's tariffs and will provide an immediate response. Mexican President Claudia Sheinbaum also stated that her government is prepared for any possible scenario.

Trump continued to increase tariff rates but claims that this will not affect oil imports to avoid a sharp rise in gasoline prices.