President Donald Trump is reportedly drafting an executive order to impose steep tariffs on goods from Mexico, Canada, and China. The proposed tariffs, which could range from 15% to 30%, target key industries such as automotive, steel, and electronics. The move is seen as an effort to revive Trump’s “America First” trade policies and address perceived trade imbalances.
The announcement has sparked concern among trade experts and international partners. Critics argue that the tariffs could lead to higher consumer prices and disrupt global supply chains. Mexican and Canadian officials have expressed disappointment, with both nations considering retaliatory measures. China has condemned the proposal, calling it “an attack on global trade.”
A Trump spokesperson stated, “This is about putting American workers first and ensuring a level playing field for our industries.”