Trump announces new tariffs on China, Mexico, and Canada

Feb.28

Trump to impose new 10% tariffs on Chinese goods, 25% on Canadian and Mexican imports effective March 4.

Key points:

Trump announced that a new 10% tariff will be imposed on Chinese goods.

The plan is to impose a 25% tariff on imported goods from Canada and Mexico on March 4th.

According to a report by the BBC on February 28th, US President Donald Trump announced on his social media platform Truth Social that he plans to impose a new 10% tariff on Chinese goods, a 25% tariff on Mexican and Canadian goods, which will take effect on March 4th.

Earlier this month, following the implementation of President Trump's tariffs, imported products from China are now facing at least a 10% border tax.

At the same time, President Trump revealed in a speech that he plans to impose a 25% tariff on goods imported from Canada and Mexico, with the policy expected to take effect on March 4th. This statement comes as officials from Mexico and Canada are in Washington for discussions in an attempt to avoid the implementation of the proposed tariffs.

Trump previously announced that unless Mexico and Canada enhance border security, he would initiate a 25% tariff plan on February 4. At the last minute, due to both countries agreeing to increase border funding and further discussing measures to combat drug trafficking, he suspended these measures for one month.

References:

[1] Trump says US will impose additional 10% tariff on China

We welcome news tips, article submissions, interview requests, or comments on this piece.

Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn

Notice

1. This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2. The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3. This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

4. Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.

Copyright

This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.

For copyright-related inquiries, please contact: info@2firsts.com

AI Assistance Disclaimer

This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.

We welcome any corrections or feedback. Please contact us at: info@2firsts.com

Mongolia Proposes Full Regulation of E-Cigarettes Under Tobacco Law

Mongolia’s Parliament has begun reviewing major amendments to the Tobacco Control Law, which would bring e-cigarettes and other new nicotine products under the same legal framework as traditional cigarettes. The bill also proposes a gradual increase in tobacco excise taxes through 2030 and new restrictions on flavors, marketing, and public smoking.

Nov.26 by 2FIRSTS.ai

Thai Police Raid Three Vape Warehouses in Chiang Mai, Seize 36,555 Items Worth US$200,000

Thai police raided three vape storage sites in Chiang Mai, arresting two women and seizing 36,555 vape items worth over ฿6.6 million（US$200,000）. Authorities estimate annual turnover at about ฿30 million（US$920,000） and are pursuing financial backers.

Oct.28 by 2FIRSTS.ai

Costa Rica Ruling Party Lawmaker Proposes Vape Ban as Experts Warn of Black Market Risks

A lawmaker from Costa Rica’s ruling party has introduced a bill to completely ban e-cigarettes and related products, covering their import, sale, use, and manufacturing, citing rising youth use and associated health risks. The proposal would repeal the current regulatory law and has raised concerns that a full ban, combined with weak enforcement, could fuel a black market.

Dec.03 by 2FIRSTS.ai

State Tobacco Monopoly Administration Chief Meets with President of South Korean Tobacco Company Wang Gongcheng also in attendance; friendly talks held between the two parties.

State Tobacco Monopoly Administration director Zhang Jianmin met with Korean Tobacco Company president Fang Jingwan in Beijing on October 31.