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.
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.
Trump said his decision will be based on whether the price of oil charged by the two trading partners is fair, although the basis of his threatened tariffs pertains to stopping illegal immigration
The RCMP refutes president-elect Donald’s Trump claim that Canada is allowing illegally manufactured to pour across the U.S. border.
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.
US President Donald Trump reiterated his threat to place 100% tariffs on BRICS nations, as the deadline loomed for him to impose tariffs on Canada and Mexico.
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.
US President Donald Trump on Thursday 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' produ
Jinping had previously told Biden on the sidelines of the Asia-Pacific Economic Cooperation summit that “China is ready to work with the new US administration to maintain communication, expand cooperation and manage differences, so as to strive for a smooth transition of the China-US relationship.”
President Trump considers tariffs on Canadian and Mexican oil, potentially impacting energy costs and U.S. economy.
Donald Trump plans to impose 25% tariffs on imports from Canada and Mexico but is undecided on oil exemptions. The tariffs aim to address illegal migration and fentanyl issues.