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US introduces tariffs on Canada, Mexico and China

Gas
February 1, 2025

President Trump has stood by his election promises and introduced tariffs on Canada, Mexico and China.

White House press secretary Karoline Leavitt confirmed 25% tariffs on Mexico and Canada, and 10% tariff on China starting today (1^st February).

In separate exchanges with reporters, when President Trump was asked if tariffs will be introduced on Europe next, he said “absolutely”, repeating statements he made at Davos that the continent has treated the US “unfairly”. Leavitt said more tariff details will be released today.

A trade dispute could have lasting geopolitical ramifications with key energy partners, according to the Atlantic Council.

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