Trump tariffs in detail

Monday 3 February 2025

Goldman with the note.

BOTTOM LINE: President Trump signed executive orders that impose tariffs on imports from Mexico, Canada, and China effective Feb. 4.

The White House has conditioned removal of the tariffs on improvement in the immigration and fentanyl situations but has not provided specific goals.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.