TRUMP’S TARIFF SHOCK: MEXICO, CANADA, AND CHINA HIT WITH BILLION-POUND TAX BLAST!
The U.S. President plans to slam 25% taxes on goods from Mexico and Canada, with a 10% levy on Canada’s oil and electricity. China’s not off the hook either
Brace yourselves—Donald Trump’s unleashing a tariff storm! Starting Tuesday, the U.S. President plans to slam 25% taxes on goods from Mexico and Canada, with a 10% levy on Canada’s oil and electricity. China’s not off the hook either—their 10% tariff doubles to 20%, all to tackle drugs like fentanyl flooding the States!
Trump fired off on Truth Social: “We can’t let this scourge ruin the USA—tariffs kick in March 4!” He’s targeting smugglers and border issues, demanding action from abroad. Mexico’s deployed 10,000 troops to its frontier, and Canada’s appointed a “fentanyl czar”—but it’s not enough, says White House insider Kevin Hassett.
The cost? A staggering £120-225 BILLION a year for Americans, according to the American Action Forum. Cars, food, gadgets—prices could soar! Shoppers are worried, markets are sliding, and inflation’s tipped to climb past 6%. The S&P 500’s already taken a hit since the news broke.
Mexico’s President Claudia Sheinbaum wants talks to dodge the chaos, while Canada’s fretting over its exports. China’s staying quiet, but tensions are brewing. And there’s more—April 2 brings “reciprocal” tariffs to match taxes other nations slap on U.S. goods, plus extra hits on cars, chips, and medicine!
Trump says it’s about protecting America, but the numbers tell a grim tale. Fentanyl seizures show Mexico’s border leaking 21,100 pounds last year, while Canada’s at just 43 pounds—yet both face the same tariff hammer. Consumers fear a price hike nightmare, and global trade’s on edge. Will this save the States or spark a worldwide bust-up? It’s Trump’s call—and the clock’s ticking!
