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It Trump administration It is implementing rates through its new International Law on Emergency Economic Powers (IEEEPA).
In a statement obtained by Fox News on Saturday, the White House said that the legislation occurs in the midst of an “extraordinary threat represented by aliens and illegal drugs, including fatal fentanyl, is a national emergency.
“President Donald J. Trump is implementing an additional rate of 25% to Canada and Mexico imports and an additional 10% rate to China’s imports. Canada’s energy resources will have less than 10% rate”, The statement is called.
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President Elect Donald Trump speaks to Americafest, on December 22, 2024, in Phoenix. (AP Photo/Rick Scurators)
Fox News Digital Brooke Singman contributed to this report.
