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President Trump told reporters on Friday that he plans to impose tariffs on the European Union as his tariffs against Mexico, Canada, and China are set to take effect tomorrow, Saturday.
While signing new executive orders in the Oval Office on Friday evening, President Trump told reporters he will “absolutely” impose tariffs on the European Union.
“Do you want the truthful answer, or should I give you a political answer?” Trump said.
“Absolutely,” he continued. “The European Union has treated us so terribly.”
Watch:
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As The Gateway Pundit reported, President Trump set Saturday as his deadline for 25% Tariffs on goods from Mexico and Canada, which he may increase to 50%. President Trump also mentioned the possibility of imposing tariffs on China.
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The administration asserts that these tariffs will remain until both neighboring countries take substantial measures to curb the flow of unauthorized migrants and illicit drugs into the United States.
“I’ll be putting the tariff of 25% on Canada and separately 25% on Mexico. We will really have to do that because we have very big deficits with those countries. Those tariffs may or may not rise with time,” Trump said.
“We’ll be announcing the tariffs on Canada and Mexico for a number of reasons. Number one is the people that have poured into our country so horribly and so much. Number two are the drugs, fentanyl and everything else that have come into the country. Number three are the massive subsidies that we’re giving to Canada and to Mexico in the form of deficits.”
White House Press Secretary Karoline Leavitt confirmed earlier on Friday that despite fake news reports that tariffs will not take effect until March, President Trump plans to implement his tariffs on Canada and Mexico on Saturday.
Watch below:
Reporter: I was wondering if you could confirm that and talk through some of the President’s thinking.
Leavitt: I saw that report, and it is false. I was just with the President in the Oval Office, and I can confirm that tomorrow, the February 1 deadline that President Trump put into place in a statement several weeks ago, continues. The President will be implementing tomorrow 25% tariffs on Mexico, 25% tariffs on Canada, and a 10% tariff on China for the illegal fentanyl that they have sourced and allowed to distribute into our country, which has killed 10s of millions of Americans. These are promises made and promises kept by the President.
Reporter: The President yesterday said that last night he was planning to discuss whether an exemption would be made on oil imports. Do you have any information on what decision he made there, or will there be exemptions at all offered under this.
Leavitt: I don’t have an update or readout for you on the exemptions, but those tariffs will be for public consumption in about 24 hours tomorrow, so you can read them then.
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The post WATCH: President Trump Says He Will “Absolutely” Impose Tariffs on The European Union – Press Secretary Confirms Tariffs on Mexico, Canada and China will be Implemented Tomorrow appeared first on The Gateway Pundit.