U.S. President Signals No Retreat on 25% Tariff Plan Despite Economic Concerns
U.S. President Donald Trump refuses to back down on 25% tariffs for Canadian and Mexican imports, raising trade tensions
WASHINGTON, D.C. – U.S. President Donald Trump has reaffirmed his commitment to imposing punishing tariffs on Canadian and Mexican imports, dismissing efforts to dissuade his administration from policies that could disrupt the deeply integrated North American economy.
During a White House news conference alongside French President Emmanuel Macron, Trump made it clear that he has no plans to reconsider the proposed 25% tariffs on Canadian and Mexican goods, set to take effect in early March.
“We are on time with the tariffs, and it seems like that is moving along very rapidly,” Trump stated when questioned about the decision.
“We have been treated very badly, and it is not just Canada and Mexico. We have been taken advantage of.”
Economic and Trade Tensions Escalate
The tariff plan has sparked significant concern among business leaders and government officials in Canada and Mexico, who warn that such measures threaten supply chains, jobs, and economic growth across North America.
Despite ongoing discussions, Trump’s remarks suggest that negotiations have failed to shift his stance on trade protectionism, a key theme of his economic agenda.
As the early March deadline approaches, Canadian and Mexican officials continue to push for exemptions, arguing that the tariffs could harm American industries reliant on cross-border trade.