President Donald Trump said on March 3 that the United States will impose tariffs on “external” agricultural products starting next month. The announcement comes as the Trump administration is set to impose duties on products from Canada and Mexico this week.
His post didn’t provide more details on the tariff amount, what products would be impacted by the tariffs, or if any exemptions would be included. Also unclear is if the decision is part of a previously announced plan to enact reciprocal tariffs on U.S. trading partners.
Later, Trump signaled that he would implement tariffs on lumber, cars, pharmaceuticals, semiconductors, copper, and other imports. Such measures, he said, are needed to safeguard U.S. industries and bolster manufacturing.
“We cannot allow this scourge to continue to harm the USA, and therefore, until it stops, or is seriously limited, the proposed tariffs scheduled to go into effect on March Fourth will, indeed, go into effect, as scheduled,” Trump wrote in a social media post. “China will likewise be charged an additional 10 percent Tariff on that date.”
The tariffs on Mexican and Canadian goods were originally scheduled to go into effect in early February, but Trump postponed them after holding talks with the leaders of Mexico and Canada. Regarding the reasons for imposing those duties, the president cited what he said were the countries’ failure to prevent illegal immigration and fentanyl trafficking into the United States.
An additional 10 percent tariff on Chinese goods went into effect last month. Trump said that the Chinese regime’s failure to stop the production of precursor chemicals to manufacture fentanyl, a synthetic opioid that has been blamed for the death of tens of thousands of Americans in recent years, necessitates the new tariffs.
Mexican President Claudia Sheinbaum on March 3 told reporters that her administration is still waiting to see whether Trump makes good on his threat this time around.
“It’s a decision that depends on the United States government, on the United States president,” Sheinbaum said. “So whatever his decision is, we will make our decisions and there is a plan and there is unity in Mexico.”
After Trump’s announcement last week, Canadian Prime Minister Justin Trudeau vowed to retaliate.
Trump’s actions follow up on campaign promises to make tariffs a key part of his economic agenda.