U.S. President Donald Trump announced plans to impose a 25% tariff on imports from Mexico and Canada, effective March 4. He also stated his intention to double the current tariffs on Chinese imports from 10% to 20% on the same date.

Trump explained that these steps are part of his administration's efforts to combat drug smuggling, particularly fentanyl, and illegal immigration to the United States. He pointed out that these tariffs aim to push the countries involved to take stricter measures to curb these phenomena.

These decisions are expected to have wide-ranging economic repercussions, including rising inflation rates and increased production costs, particularly in the automobile sector, which heavily relies on trade with Canada and Mexico. These steps have also raised fears of a global trade war amid existing trade tensions between the United States and its key trading partners.

It is worth noting that these decisions come after a period of threats and reciprocal statements, as Trump had previously indicated the possibility of postponing the imposition of these tariffs, but he recently confirmed the commitment to proceed with their implementation on the scheduled date.