Trump to impose tariffs on Canada, Mexico, and increase China tariffs starting next Tuesday
Reuters
President Trump announces plans to impose new tariffs on Canada and Mexico, alongside doubling tariffs on Chinese imports, starting next Tuesday. The move is part of his strategy to address trade imbalances and protect American industries.
President Donald Trump has announced plans to impose tariffs on imports from Canada and Mexico starting next Tuesday. This decision comes alongside a move to double the 10% tariff on Chinese imports.
The tariffs on these countries are part of Trump’s ongoing efforts to address what he sees as unfair trade practices and to protect American industries.
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Trump’s tariff
Canada to impose $29.8 billion in retaliatory tariffs on U.S.
Canada will introduce $29.8 billion in retaliatory tariffs in response to the U.S. decision to impose 25% duties on steel and aluminium imports. The move follows similar action by the EU, escalating trade tensions with Washington.
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