President Trump is reinforcing tariffs set for March 4, aimed at controlling drug influx, especially fentanyl, from China and Mexico. He underscored the gravity of the drug crisis, linking it to extensive family devastation. The tariffs are intended to combat the ongoing epidemic, despite potential economic repercussions that may arise from these measures.
President Donald Trump reaffirmed his commitment to the tariffs set to take effect on March 4 during a news conference prior to his meeting with UK Prime Minister Keir Starmer. He expressed confidence in the potential effectiveness of these measures, stating, “I think eventually you’re going to see the drugs stopping.” He emphasized the severe impact of drug-related deaths in the U.S., indicating that families are suffering significantly as a result of the opioid crisis.
The President specifically pointed to the influx of drugs from China, which he claims enter the U.S. through Mexico. In a recent post on TruthSocial, Trump outlined plans for new tariffs targeting both China and Mexico. This is framed as part of his administration’s efforts to mitigate the ongoing drug crisis, especially concerning fentanyl, a highly addictive substance contributing to rising death tolls.
“Drugs are still pouring into our Country from Mexico and Canada at very high and unacceptable levels,” Trump stated. He highlighted that a substantial portion of these drugs, particularly fentanyl, originates from China. Trump described the severe consequences on American society, noting, “Millions of people have died over the last two decades. The families of the victims are devastated and, in many instances, virtually destroyed.”
In addition to the tariffs on March 4, a further 10% tariff on China is also scheduled. Trump emphasized the necessity of these actions, saying, “We cannot allow this scourge to continue to harm the USA.” The anticipated tariff increases have sparked concerns regarding potential economic instability, with risks of heightened inflation and adverse effects on the auto industry due to increased costs for consumers and businesses alike.
In summary, President Trump is maintaining a firm stance on the tariffs set to begin on March 4 in response to the growing drug crisis in America. He attributes the influx of drugs, particularly fentanyl, to sources in China and Mexico. This economic measure aims to alleviate the extensive damage caused by drug-related deaths while also acknowledging potential backlash related to its impact on the broader economy, particularly consumer prices.
Original Source: wset.com