White House: Expect first tariffs on Saturday

Mexico, Canada at top of list with 25% tariffs on imports into US

Tariffs against Canada, Mexico to kick in on Feb. 1 (Photo: Jim Allen/FreightWaves)

WASHINGTON — Mexico and Canada will see a 25% tariff on imports into the U.S. starting on Saturday if President Trump holds to his word.

The memorandum outlining his administration’s “America First Trade policy” does not set a specific date that the tariffs will take effect, but rather directs federal departments and agencies with tariff oversight to provide reports and make recommendations by April 1.

After issuing the memo, however, Trump told reporters they would go into effect on Feb. 1, and he suggested days after that an additional 10% tariff on China (because of its alleged role in the fentanyl crisis), as well as possible tariffs and sanctions on Russia related to the war with Ukraine would be imposed.

“The February 1 date for Canada and Mexico still holds,” White House Press Secretary Karoline Leavitt told reporters on Tuesday, adding that Trump is also “still very much considering” the 10% added tax on China starting Saturday as well.

But will the president actually stick to that date?

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    John Gallagher

    Based in Washington, D.C., John specializes in regulation and legislation affecting all sectors of freight transportation. He has covered rail, trucking and maritime issues since 1993 for a variety of publications based in the U.S. and the U.K. John began business reporting in 1993 at Broadcasting & Cable Magazine. He graduated from Florida State University majoring in English and business.