Trump Announces Sweeping Tariffs on North American and Global Imports

The U.S. President confirms 25% tariffs on Canadian and Mexican goods starting March 4, with broader agricultural and reciprocal tariffs set for April 2.

Donald Trump announced that 25% tariffs on imports from Mexico and Canada will take effect on March 4, citing insufficient efforts to curb drug smuggling and illegal migration.
The U.S. will impose additional tariffs on agricultural imports starting April 2, though details on specific products and countries remain unclear.
Trump also introduced 'reciprocal tariffs,' matching trade barriers imposed by other nations, to be enacted around April 2.
Canada and Mexico have prepared retaliatory measures, with Canada planning tariffs worth $155 billion and Mexico indicating readiness for multiple contingency plans.
The announcement coincided with a $100 billion investment pledge from Taiwanese chipmaker TSMC in the U.S., marking a significant expansion of domestic semiconductor production.