Schumer says tariffs will drive up costs for consumers

By Tom Rivers, Editor Posted 31 January 2025 at 5:43 pm

Trump will place 25% tariffs on Canada and Mexican imports, 10% on Chinese

President Donald Trump said today that tariffs will go into effect beginning on Saturday – 25% tariffs on imports from Canada and Mexico and 10% tariffs on goods from China.

White House press secretary Karoline Leavitt, in a news briefing today, said Trump is imposing the tariffs on countries that “have allowed an unprecedented invasion of illegal fentanyl that is killing American citizens, and also illegal immigrants into our country.”

Leavitt said the amount of fentanyl seized at the southern border in the last few years has the potential to kill tens of millions of Americans.

Senate Democratic Leader Chuck Schumer (D-NY) released the following statement following President Trump’s announcement that he will impose tariffs on goods from Canada, Mexico and China:

“It would be nice if Donald Trump could start focusing on getting the prices down instead of making them go up.

“All tariffs are not created equal. Donald Trump is aiming his new tariffs at Mexico, Canada and China but they will likely hit Americans in their wallets. I am concerned these new tariffs will further drive up costs for American consumers.

“We should be focused on going hard against competitors who rig the game, like China, rather than attacking our allies. If these tariffs go into full effect, they will raise prices for everything from groceries, to cars, to gas, making it even harder for middle-class families to just get by.”