Trump threatens new anti-drug tariffs on ‘day 1’ for China, Canada, Mexico

US president-elect Donald Trump said on November 25, 2024, that he will impose new tariffs on goods from China using an executive order on the first day of his administration, which starts on January 20. Trump said he would add another 10 per cent tariff to all Chinese imported goods on top of tariffs already in place, as well as levy tariffs of 25 per cent on all Canadian and Mexican imports. Trump said the moves are meant to force the three nations to boost border security and crack down on fentanyl shipments to the US.