President Donald Trump said on social media Thursday morning that his administration would add an additional 10% tariff on all Chinese imported products next week.
The move would double the current 10% across-the-board tariff that was instituted early in February.
The president said the new Chinese tariff would be instituted on Tuesday, the same day that 25% tariffs on all imported products from Canada and Mexico are issued. The 25% tariffs were delayed for 30 days in early February.
Canada announced plans to initiate tariffs on $30 billion of U.S. goods when President Trump initially announced the 25% tariffs. Included in the list were RV refrigerators, cited as absorption-type, combination gas and electric powered refrigerators designed for permanent installation in RVs and for use in the manufacture of such vehicles.
Mexico has threated to impose tariffs on U.S. imported goods but has not detailed which products would be subject to new tariffs.
In addition, the president said reciprocal tariffs, first ordered Feb. 14, would begin to take effect April 2. The initial memorandum launching a reciprocal tariff review did not include a start date, although White House officials said at the time the plan was unlikely to take effect before April 1.
The president has maintained the tariffs are required to stop fentanyl shipments from crossing the border into the U.S. On Thursday, the Canada Border Services Agency (CBSA) said it was taking additional actions to stop fentanyl and synthetic narcotics from crossing the border.
CBSA’s new Operation Blizzard will increase inbound and outbound shipment examinations to disrupt the fentanyl and illicit drug supply chain.
