Donald Trump stated that on his first day as president, he would impose new tariffs on China, Mexico, and Canada to combat illegal immigration and drug smuggling. He indicated that he would immediately sign an executive order to impose a 25% tariff on all goods coming from Mexico and Canada after his inauguration on January 20. He also mentioned that he would impose an additional 10% tariff on China. During the campaign, Trump threatened that if he deemed it necessary, he would impose tariffs of up to 100% on Mexico and China.