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Trump threatens to impose sweeping new tariffs on Mexico, Canada and China on first day in office

By Ilene
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FILE - President-elect Donald Trump speaks at meeting of the House GOP conference, Nov. 13, 2024, in Washington. (AP Photo/Alex Brandon, File)

Trump threatens to impose sweeping new tariffs on Mexico, Canada and China on first day in office

By  JILL COLVIN and ROB GILLIES, AP 

President-elect Donald Trump threatened on Monday to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office as part of his effort to crack down on illegal immigration and drugs. He said he would impose a 25% tax on all products entering the country from Canada and Mexico, and an additional 10% tariff on goods from China, as one of his first executive orders.

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