Part 3/8:
Transitioning from foreign policy to trade, President Trump has announced imminent tariffs on both Mexico and Canada, set to take effect on an upcoming Tuesday. These tariffs—25% on goods from Mexico and Canada and a 10% increase on existing tariffs on China—are part of a broader crackdown on the inflow of fentanyl and other substances believed to be detrimental to American public health. Lutnick emphasized that such actions are crucial in curbing drug trafficking operations that have been endangering lives across the nation.