Trump plans tariffs on China, Canada, and Mexico raising trade war concerns

economist.com

Donald Trump has announced plans to impose a 10% tariff on Chinese goods and a 25% tariff on imports from Canada and Mexico. These tariffs are linked to issues of drug trafficking and illegal immigration. The tariffs are set to take effect as soon as Trump returns to the White House. This move raises concerns about a potential trade war, affecting relations with neighboring countries. The announcement marks a significant shift in trade policy, as Trump aims to leverage tariffs to address border security issues. Canada and Mexico are expected to be particularly impacted by these developments.


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