President Donald Trump has announced the implementation of a 25% tariff on imports from Canada and Mexico, effective next Tuesday.
This decision aims to pressure both countries to intensify their efforts against illicit drug trafficking, particularly fentanyl. Additionally, the administration plans to double the existing 10% tariff on imports from China.
The announcement has raised concerns about potential economic repercussions, with significant declines observed in major Wall Street indexes following the news. Mexican President Claudia Sheinbaum remains hopeful for a possible agreement to avert the tariffs.
