US announces 25% tariffs on Canada and Mexico

Odaily News On February 1, local time, the US government announced that it would impose a 25% tariff on imports from Canada and Mexico. US President Trump signed a tariff order that day, imposing an additional 25% tariff on imports from Canada and Mexico and a 10% tariff on energy resources from Canada. The tariffs are tentatively scheduled to take effect on the 4th. The White House said that if the US tariffs are retaliated, the US may increase the tariffs. (CCTV News)