<h1>Trump Announces 25% Tariffs on Mexican, Canadian Imports; Doubles Tariffs on Chinese Goods, Sparking Economic Concerns</h1> President Donald Trump plans to impose 25% tariffs on imports from Mexico and Canada starting March 4, citing concerns over drug trafficking, particularly fentanyl. He will also double the existing 10% tariffs on Chinese imports. The move has raised fears of inflation and economic instability, especially in the auto sector. Mexico and Canada have expressed their efforts to combat drug trafficking, with Mexico deploying its National Guard and Canada investing in border security. Both countries are negotiating to avoid tariffs, while China calls for dialogue. The tariffs could significantly impact the US economy, potentially costing consumers billions and affecting trade relations.