Trump has said he will place tariffs on chips

President Donald Trump will proceed with new tariffs on Canada, Mexico, and China starting Saturday, the White House confirmed, maintaining his February 1 deadline for the measures, which could have significant economic repercussions.

AD_SHOULD_BE_HERE

"I can confirm that the February 1 deadline set by President Trump in a statement several weeks ago remains in place," White House press secretary Karoline Leavitt announced during a briefing on Friday.

AD_SHOULD_BE_HERE

She specified that the tariffs would include a 25% duty on imports from Mexico and Canada, as well as a 10% tariff on China. The latter, she stated, was in response to "illegal fentanyl they have sourced and allowed to flow into our country, resulting in the deaths of tens of millions of Americans."

"These are promises made and promises kept by the president," Leavitt added.

AD_SHOULD_BE_HERE

She declined to provide further details on the scope of the tariffs, including whether they would apply to oil imports or if any exemptions would be included.

AD_SHOULD_BE_HERE
Unusual Whales does not confirm the information's truthfulness or accuracy of the associated references, data, and cannot verify any of the information. Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Options, investing, trading is risky, and losses are more expected than profits. Please do own research before investing. Please only subscribe after reading our full terms and understanding options and the market, and the inherent risks of trading. It is highly recommended not to trade on this, or any, information from Unusual Whales. Markets are risky, and you will likely lose some or all of your capital. Please check our terms for full details.
Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Certain investment planning tools available on Unusual Whales may provide general investment education based on your input. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your legal or tax professional regarding your specific situation. See terms for more information.