Economic PoliciesUS Tariffs on Canada, Mexico Take Effect; China Levies DoubleTrump cited the American lives lost to the ‘vast amount of fentanyl’ that has flowed into the United States as justification for the latest tariffs.00CopyFacebookXTruthGettrLinkedInTelegramEmailSavePrintVehicles drive past shipping containers from China at the China Shipping (North America) Holding Company Ltd. facility at the Port of Los Angeles in Wilmington, Calif., on Feb. 4, 2025. Mike Blake/ReutersAndrew Moran3/4/2025|Updated: 3/4/20250:00X 1President Donald Trump’s long-awaited tariffs on Canada and Mexico have gone into effect, while U.S. levies on China doubled.Beginning on March 4, goods imported from the North American neighbors will be slapped with 25 percent tariffs, the president confirmed.We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.Share this articleLeave a commentAndrew MoranAuthorAndrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."Author’s Selected ArticlesSeptember Producer Inflation Rises as Goods Costs AccelerateNov 25, 2025Private-Sector Job Losses Accelerated in Past 4 Weeks: ADPNov 25, 2025Shoppers Keep Their Wallets Open as US Retail Sales Tick Up in SeptemberNov 25, 2025SitusAMC Cyberattack Triggers Alarm Across Wall Street BanksNov 24, 2025
