US President Donald Trump will enforce new tariffs starting Saturday, imposing a 25% duty on imports from Canada and Mexico and a 10% tariff on goods from China, the White House announced.
No details were provided on possible exemptions, which could lead to immediate price hikes for US consumers.
Trump, a Republican, has used the threat of tariffs to pressure Canada and Mexico into stronger action against illegal immigration and the smuggling of fentanyl-related chemicals. He has also promoted tariffs as a way to boost domestic manufacturing.
“Starting tomorrow, those tariffs will be in place,” White House press secretary Karoline Leavitt told reporters.
“These are promises made and promises kept by the president.”
Trump had previously suggested he might exempt Canadian and Mexican oil imports, but Leavitt declined to provide any updates on that decision.
In October, the US imported nearly 4.6 million barrels of oil per day from Canada and 563,000 barrels from Mexico, while domestic production averaged 13.5 million barrels daily, according to the Energy Information Administration.
The 10% tariff on Chinese imports will be applied on top of existing duties already in place, Trump has stated.