President Donald J. Trump announced on Monday that tariffs on Canada and Mexico are set to be implemented starting Tuesday, with “no room” left for a last-minute agreement to be reached before the midnight deadline. The 25 percent tariffs, previously delayed from early February, were rescheduled following attempts by Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum to address U.S. concerns by increasing border security efforts.
During a press briefing, reporters inquired about the likelihood of negotiating a deal to prevent the tariffs. Trump stated, “No room left for Mexico or for Canada. No. The tariffs, you know, they’re all set. They go into effect tomorrow.” He added, “And just so you understand, vast amounts of fentanyl have poured into our country from Mexico,” with China and Canada also playing a role in the crisis.
The tariffs will target various goods, including avocados, beer, and vehicles from Mexico, as well as crude oil, lumber, and car parts from Canada. These actions are part of Trump’s strategy to repatriate manufacturing and job opportunities to the United States, suggesting companies should localize production to avoid tariffs. One such shift includes Honda’s decision to manufacture its next-generation Civic hybrid in Indiana instead of Mexico.
With respect to China, Trump plans to increase tariffs on China by an additional 10 percent, coming off a separate 10 percent duty imposed on Chinese imports in February.
Following discussions with Trump’s border czar Tom Homan, Canadian officials expressed frustration with U.S. expectations. Commerce Secretary Howard Lutnick has acknowledged progress on border security since the previous tariff deadline extension, granted in response to undertakings by the Mexican and Canadian governments to increase border policing. However, he noted insufficient action on fentanyl.
Both nations have retaliated with tariffs on American products.
WATCH:
REPORTER: “On the tariffs, is there any room left for Canada & Mexico to make a deal before midnight?”
TRUMP: “No room left for Mexico or for Canada, no. The tariffs you know, they’re all set. They go into effect tomorrow.” pic.twitter.com/KvFyNudgOS
— Breaking911 (@Breaking911) March 3, 2025