Breaking: Trump to Impose Steep 25% Tariffs on Mexico, Canada, and China Goods
2025-02-01
Reuters
US President Donald Trump is set to sign an executive order imposing 25% tariffs on goods from Mexico, Canada, and China, in a move expected to significantly impact international trade and global markets. This decision is likely to escalate trade tensions and raise concerns about a potential trade war. The tariffs will affect a wide range of imported goods, including manufacturing and industrial products, with potential consequences for consumers and businesses. As trade policies continue to shift, the global economy is bracing for the impact of these steep tariffs, including increased costs and potential supply chain disruptions, amidst ongoing trade negotiations and economic uncertainty.