Trump Implements 25% Tariffs on Mexico, Canada, China due to Fentanyl Crisis

President Donald Trump has confirmed his intention to impose 25% tariffs on goods from Mexico and Canada starting March 4, citing the ongoing influx of fentanyl and other drugs as 'unacceptable.' Alongside these tariffs, he plans to introduce an additional 10% tariff on Chinese imports, raising concerns about escalating trade tensions. Despite previous indications from Commerce Secretary Howard Lutnick about potential negotiations if progress was made, Trump remains resolute that the tariffs will proceed unless drug flows are significantly curtailed. Canadian officials are currently in Washington for discussions aimed at averting the tariffs, while Mexican President Claudia Sheinbaum expressed hope for a resolution. The situation has raised alarms among economic analysts, who warn of possible retaliatory measures from China and the impact on U.S. consumers. Trump's administration continues to prioritize border security and drug trafficking as central issues in trade negotiations.