François-Philippe Champagne comments came hours before Trump said he will impose 25 per cent surtax on imports from Canada
President Donald Trump 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. “We may or may not,
Trump also indicated that he would proceed with tariffs on China. He didn’t specify the levy, though he’s previously said it would be 10%. Trump has said Beijing failed to follow through on promises to prevent fentanyl and the chemicals used to make the deadly drugs from flowing into the US.
Aside from 25% tariffs coming Saturday, President Trump is also considering tariffs on oil imports from Canada and Mexico.
A 2022 report found that Canada is not a major source of fentanyl or precursor chemicals to the U.S. The amount is minuscule compared with what comes in from Mexico.
I'm to announce Canada and Mexico tariffs because of fentanyl. The first Canada and Mexico tariffs are coming Saturday. I'm making a determination on oil tonight. We have all the lumber we need. Trump: China's going to end up paying a tariff as well.
WASHINGTON >> President Donald Trump today said he would soon decide whether to exclude Canadian and Mexican oil imports from the 25% tariffs that he has vowed to impose on Saturday on the countries’ products.
Billionaire Howard Lutnick, U.S. President Donald Trump's nominee to be commerce secretary, voiced his concerns about fentanyl coming from Canada into the U.S. during his confirmation hearing Wednesday on Capitol Hill.
We don’t need the products that they have. We have all the oil that you need. We have all the trees you need,” he said.
Mexico's president on Wednesday said her nation is in dialogue with the White House and was confident that the 25% tariff isn't imminent.
Canada has cracked down on fentanyl crossing the border in a bid to prevent President Trump's tariffs from hitting trade with the U.S.
ATLANTA (AP) — A White House order to freeze federal grants reflects a theory of presidential power that Donald Trump clearly endorsed during his 2024 campaign. The approach was further outlined in the Project 2025 governing treatise that candidate Trump furiously denied was a blueprint for his second administration.