Trump plans tariffs on Mexico and Canada from next month

US President Donald Trump said on Thursday that his proposed 25% tariffs on Mexican and Canadian goods will go into effect on March 4 as scheduled because drugs are still pouring into the US from those countries.

Trump also said he would impose an additional 10% duty on Chinese goods on that day. This would appear to be on top of the 10% tariff that he levied on Feb. 4 on imports from China.

Trump said drugs were still coming into the US at “very high and unacceptable levels,” with a large percentage of them the deadly opioid fentanyl.

“We cannot allow this scourge to continue to harm the USA, and therefore, until it stops, or is seriously limited, the proposed TARIFFS scheduled to go into effect on MARCH FOURTH will, indeed, go into effect, as scheduled,” Trump said in a post on his Truth Social media site. “China will likewise be charged an additional 10% Tariff on that date.”

The statement cleared up some confusion on Wednesday over deadlines for the punishing tariffs on Canadian and Mexican goods that Trump has threatened over the fentanyl crisis and US border security.

Trump’s comments on the matter during his first cabinet meeting on Wednesday seemed to suggest that he may push the deadline back for about one month until April 4.

Comments from Trump administration officials indicated that the April deadline was for Trump’s “reciprocal tariffs” matching import duty rates of other countries and offsetting their other restrictions. His trade advisers consider European countries’ value added taxes to be akin to a tariff.

Kevin Hassett, the top White House economic adviser, told CNBC television that Trump would determine new tariffs after a study is completed by April 1.

“The schedule is that there’s a study coming out on April 1, and after that the president is going to decide what to do about tariff policies for all countries,” he said, but specifically mentioning Mexico and Canada.

Meanwhile, Canadian and Mexican officials were due to meet with Trump administration counterparts in Washington on Thursday and Friday to try to forestall the tariffs, which could deal a serious blow to a highly integrated North American economy.

Mexican Economy Minister Marcelo Ebrard will meet with newly confirmed US Trade Representative Jamieson Greer on Thursday and Commerce Secretary Howard Lutnick on Friday.

In Canada, Public Safety Minister David McGuinty said on Thursday that the progress Canada has made on tightening security along the border with the United States and combating drug smuggling should satisfy the Trump administration.

“The evidence is irrefutable - progress is being made,” McGuinty said in televised remarks to reporters in Washington ahead of two days of talks with US officials.

“In my view, any test that was put on Canada in terms of showing progress and meeting standards for the border - I believe those have been met,” he said.

The Canada Border Services Agency said in a statement that it was launching a targeted, cross-country initiative to intercept illegal contraband arriving and leaving the country, with a focus on fentanyl and other synthetic narcotics.

China, in a letter to US Trade Representative Jamieson Greer, said China and the United States should address concerns in economic and trade fields through equal dialogue and consultation.

Separately, the European Union on Thursday pushed back hard against allegations by US President Donald Trump that the 27-nation bloc was out to get the United States, and warned that it would vigorously fight any wholesale tariff of 25% on all EU products.

The tit-for-tat dispute following the comments of Trump, which were aimed at an age-old ally and its main postwar economic partner, further deepened the trans-Atlantic rift that was already widened by Trump’s warnings that Washington would drop security guarantees for its European allies.

Thursday’s EU pushback came after Trump told reporters that “the European Union was formed in order to screw the United States. That’s the purpose of it, and they’ve done a good job of it,” adding that it would stop immediately under his presidency.

Prime Minister Donald Tusk of Poland, which holds the EU’s rotating presidency, went on a counteroffensive.

“The EU wasn’t formed to screw anyone,” Tusk said in an X post. “Quite the opposite. It was formed to maintain peace, to build respect among our nations, to create free and fair trade, and to strengthen our transatlantic friendship. As simple as that.”

And Spanish Prime Minister Pedro Sánchez added fiery fuel to the debate.

“We are going to defend our interests when our economies are attacked with tariffs that are completely unjustified and represent a veiled threat to our economic sovereignty.

“We are committed and prepared to do so,” he said in northern Spain.

The EU also warned that the moment that tariffs are announced, it would trigger tough countermeasures on iconic U.S. industries like bourbon, jeans and motorcycles.

Agencies