Trump says 25% tariffs on Mexico, Canada to take effect Mar 4

"Very importantly, tomorrow, tariffs, 25 percent on Canada and 25 percent on Mexico, and that'll start," Trump told reporters at the White House.

"What they have to do is to build their car plants, frankly, and other things in the United States, in which case they have no tariffs," Trump said.

Trump also reiterated that the reciprocal tariffs will start on April 2.

On Feb. 1, Trump signed an executive order to impose a 25 percent tariff on goods imported from Mexico and Canada, with a 10 percent tariff increase specifically for Canadian energy products.

On Feb. 3, Trump announced that the additional tariffs on goods from Mexico and Canada would be deferred for one month, allowing more time for negotiations. According to this decision, the relevant tariff measures are set to take effect on March 4.

In mid-February, Donald Trump said he will announce tariffs on imported cars in early April.

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