Trump says proposed tariffs on Mexico and Canada will take effect on 4 March

(Sharecast News) - Donald Trump said on Thursday that his proposed tariffs on Mexico and Canada would come into effect on 4 March and also stated that Chinese imports would be hit with an additional 10% tariff. Trump's sweeping 25% tariffs on imports from Mexico and Canada were put on a one-month pause back on 3 February.

Trump claimed that illicit drugs were "still pouring" into the USA from Mexico and Canada at "very high and unacceptable levels", even as America's neighbours increased their efforts to monitor their borders.

"We cannot allow this scourge to continue to harm the USA, and therefore, until it stops, or is seriously limited, the proposed TARIFFS scheduled to go into effect on MARCH FOURTH will, indeed, go into effect, as scheduled," said Trump.

He also said China, which has already been slapped with a 10% tariff on its products, will be charged an additional 10% tariff and added, that the April Second Reciprocal Tariff date "will remain in full force and effect".

However, Trump's claims contradict comments made by National Economic Council director Kevin Hasset, who said the president would make a decision on tariffs "for all countries" after evaluating a study set to take place on 1 April.







Reporting by Iain Gilbert at Sharecast.com