U.S. President Donald Trump addresses reporters from the Resolute Desk following the signing of an executive order to appoint the deputy administrator of the Federal Aviation Administration in the Oval Office at the White House on January 30, 2025, in Washington, DC. (Photo by Chip Somodevilla/Getty Images)
OAN Staff James Meyers 11:53 AM – Friday, January 31, 2025
On Thursday, President Donald Trump revealed his intention to implement 25% tariffs on imports from Mexico and Canada, effective this Saturday, February 1st.
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“We will announce the tariffs on Canada and Mexico for several important reasons,” Trump stated to reporters in the Oval Office. He highlighted the substantial influx of migrants at the southern border, the rise in fentanyl entering the U.S., and the ongoing trade deficit the country faces with its neighbors.
“I will impose a 25% tariff on Canada and Mexico, as it is necessary due to our significant trade deficits with them,” he continued. “These tariffs may increase over time.”
🚨 #BREAKING: The White House has confirmed tariffs on Canada, Mexico, and China will take effect TOMORROW.
This follows Canada and Mexico’s support for an INVASION of illegal drugs into the U.S.
Canada and Mexico will face a 25% tariff while China will be subjected to 10% (for the time being).
Trump further elaborated that the inclusion of oil imports in this policy will be contingent on how fairly the two countries engage with the U.S. His definitive stance on this matter has yet to be revealed.
“We may have to make a decision on oil later tonight. It will depend on pricing. If they treat us fairly, which they historically have not, we will see,” Trump mentioned.
“Mexico and Canada have never treated us well regarding trade,” he added. “We’ve faced significant unfairness on trade, but we can quickly rectify that because we don’t rely heavily on their products.”
This move follows Trump’s earlier threats made during the final days of the 2024 campaign, where he threatened to impose tariffs on all goods imported from Mexico unless the Mexican government curbed the influx of illegal migration and fentanyl across the southern border.
Subsequently, he expanded his threats to also cover Canada and China.
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