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Trump Says Tariffs on Mexico, Canada ‘Going Forward’ Next Month

The Trump administration confirmed that tariffs on Canada and Mexico will take effect next month as planned, following a delay for the countries to address his concerns over border security and illegal immigration.
A cargo vessel crosses the Suez Canal in Egypt, shortly after Yemen-based militants started attacking ships in the Red Sea along the crucial Asia-Europe trade route.
Trump also indicated he was pushing forward with a plan for so-called reciprocal tariffs. (Shutterstock)

President Donald Trump said he expected tariffs planned to take effect on Canada and Mexico to go ahead next month following an initial delay to allow the countries more time to address his concerns over border security.

“The tariffs are going forward on time, on schedule,” Trump said Monday from the White House during a joint press conference with French President Emmanuel Macron.

Trump was asked if the tariffs, which he delayed until March 4, would go into effect. Canada and Mexico have implemented new border measures in an effort to stave off the tariffs, which Trump says he is levying in a bid to halt flows of undocumented migrants and illegal drugs such as fentanyl.

Trump, in his answer, also indicated he was pushing forward with a plan for so-called reciprocal tariffs, which he has said would peg US levies on other countries to the tariffs and non-tariff barriers they impose on US goods.

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“It’ll be very good for our country, our country will be extremely liquid and rich again,” Trump said.

By Jordan Fabian

Learn more:

Trump’s Tariffs, Explained in 4 Charts

Uncertainty around the rollout of the tariffs — how long they’ll last and whether more are in the works — complicates the fashion industry’s ability to adjust to the new reality.

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