President Donald Trump signed three executive orders imposing tariffs on goods from Mexico, Canada, and China, as announced by the White House. The tariffs include a 25% rate on imports from Mexico and Canada, with an additional 10% on Canadian energy, and a 10% tariff on Chinese imports. Set to take effect on February 4, these measures aim to curb the flow of fentanyl into the U.S. Trump had previously indicated his intention to implement these tariffs shortly after taking office, reaffirming the timeline in recent communications.
Source: https://www.supplychaindive.com/news/trump-tariffs-canada-mexico-china-executive-order/738968/