Trump adjusts tariffs on Canada and Mexico for auto industry

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Donald J. Trump, President of the United State | The White House

Trump adjusts tariffs on Canada and Mexico for auto industry

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Today, President Donald J. Trump announced changes to tariffs on imports from Canada and Mexico. This decision considers the structure of the automotive supply chain, which aims to increase production within the United States.

President Trump emphasized that he will not allow national security to be compromised by Canada and Mexico, despite their status as close trading partners. He acknowledged the potential impact these tariffs could have on American automotive manufacturers.

The President continues to use America's economic power to secure borders and combat the flow of fentanyl into the country while safeguarding American industry.

In his America First Trade Policy Presidential Memorandum, President Trump stated that trade policy is a crucial part of both economic and national security.

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