According to a report by CNBC on February 27th at 8:51 EDT, US President Trump said on the same day that 25% tariff would be officially imposed on Canada and Mexico on March 4th, and an additional 10% tariff would be imposed on China on same day.Since a 10% tariff had already been imposed on February 1, a total of 0% tariff has been imposed on our country this year. The reason for the tariff on March 4 is the same as the last time. This tariff increase was. On February 27, Beijing time, Trump expressed at a cabinet meeting that he did not want to conflict with our country, hoped to maintain good investment and relations with our country, and expressed a good relationship with the leadership. On February 20, Beijing time, Trump had stated that there was hope to reach a agreement with our country, but today he suddenly decided to impose tariffs again, which was indeed unexpected. This means that, together with the 10% tariff be imposed on March 4, the US has raised tariffs on all products from China to 20% this year! Adding to the previous 25% from the 301 investigation (if not exempted), it will reach at least 45% tariff on our products! And for steel products the vast majority of steel products will immediately reach a tariff level of 70%: i.e.: 25% (232 clause) 25% (301 clause)   10% (general tariff on February 4)   10% (general tariff on March ) = 70%. According to CNBC, the US suspended the 25% across-the-board tariffs on goods imported from Mexico and on February 3, for a period of one month. However, the Trump administration expressed confusion over whether the tariffs would be reinstated after this extension expires. a post released on Thursday morning, Trump clarified this, indicating that the tariffs would indeed take effect as scheduled. He claimed that despite the two neighboring countries' promises to border security, "illegal drugs are still pouring into the United States from these two countries at a very high and unacceptable level." Trump wrote: "We cannot this scourge to continue to harm America, and therefore, the proposed tariffs, which were scheduled to go into effect on March 4, will indeed go into as scheduled, until the illegal drug inflow problem stops or is severely restricted." In addition, he announced that China, which is already facing a 10% on its products by the US, "will also face an additional 10% tariff on that day." On February 1, the first day of month, President Trump signed three executive orders, announcing the imposition of additional tariffs on products from Canada, Mexico, and China. The executive order targeting China stipulates imposition of an additional 10% tariff on all "products of the People's Republic of China." The additional tariff on China took effect on Tuesday February 4, 2025 (i.e., "goods entering consumption or withdrawn from warehouse for consumption on or after 12:1 a.m. Eastern Time on February 4, 2025"). For items shipped or transported before February 1 but arriving on or February 4, a limited "in-transit" exception applies, provided that the importer provides certain proof to CBP. The additional tariffs on Canada and were originally scheduled to take effect on February 4, 2025, but were delayed by one month after phone calls between President Trump and the leaders of two countries.Comprehensive sources: CCTV News, CCTV Finance, Shenzhen Foreign Trade Circle, Reference News, China News Service, Xinhua News, Securities China, Ministry of Commerce, foreign media, public information, network, etc. Article source: Shenzhen Foreign Trade Circle.