Market Chatter: Trump Plans New Tariffs on China, Canada and Mexico-February 2024-www.financetom.com

Market Chatter: Trump Plans New Tariffs on China, Canada and Mexico

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Market Chatter: Trump Plans New Tariffs on China, Canada and Mexico

Nov 25, 2024 5:21 PM

08:01 PM EST, 11/25/2024 (MT Newswires) -- President-elect Donald Trump said the U.S. will impose an additional 10% tariff on Chinese goods on top of all existing levies due to the influx of illegal drugs such as narcotics, according to a post on Truth Social, Bloomberg reported overnight Monday.

Trump, in another Truth Social post, also said he will also sign documents to impose a 25% tariff on all goods from Canada and Mexico over the influx of people and illegal drugs from the countries.

(Market Chatter news is derived from conversations with market professionals globally, and/or from other media sources. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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