U.S. President Donald Trump announced Thursday that he would soon decide whether to impose a 25% tariff on oil imports from Canada and Mexico. The decision, expected by nightfall, will depend on oil prices and whether the countries "treat us properly," Trump stated.
The tariffs, set to take effect Saturday, aim to pressure Canada and Mexico into taking stronger action against illegal migration and fentanyl shipments entering the U.S. Trump indicated the tariffs could rise over time and would be applied for multiple reasons.
Additionally, Trump is considering tariffs on Chinese imports due to Beijing’s alleged role in fentanyl distribution. He suggested imposing a 10% duty on all Chinese goods, reinforcing prior tariffs on $370 billion worth of imports. "China has to stop sending fentanyl into our country and killing our people," he emphasized.
Chinese President Xi Jinping previously pledged to curb fentanyl shipments in discussions with then-President Joe Biden, though Beijing has urged the U.S. to address domestic drug demand.
Mexico’s economy ministry declined to comment, and the office of Canadian Prime Minister Justin Trudeau has yet to respond.
These potential tariffs come as Trump pushes for stronger border control and trade measures, escalating tensions with key U.S. trading partners.


Pentagon Ends Military Education Programs With Harvard University
Netanyahu to Meet Trump in Washington as Iran Nuclear Talks Intensify
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
Japan Election 2026: Sanae Takaichi Poised for Landslide Win Despite Record Snowfall
US Pushes Ukraine-Russia Peace Talks Before Summer Amid Escalating Attacks
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
Jack Lang Resigns as Head of Arab World Institute Amid Epstein Controversy
Trump Signs “America First Arms Transfer Strategy” to Prioritize U.S. Weapons Sales
Trump Allegedly Sought Airport, Penn Station Renaming in Exchange for Hudson River Tunnel Funding
U.S. Lawmakers to Review Unredacted Jeffrey Epstein DOJ Files Starting Monday
TrumpRx.gov Highlights GLP-1 Drug Discounts but Offers Limited Savings for Most Americans
Washington Post Publisher Will Lewis Steps Down After Layoffs
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 



