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US President Donald Trump imposes 25 per cent tariffs on imports from Canada and Mexico, 10 percent on China
Credit: DNA- Published on February 2, 2025
The US President has taken action under the International Emergency Economic Powers Act (IEEPA), emphasizing the need to protect Americans and fulfil a campaign promise.
Video credit: Oneindia
Published on February 1, 2025 - 04:19
Donald Trump’s Tariff War in Here | What it Means For Canada, China and Mexico | Trudeau Reacts
In a bold move, former President Donald Trump has announced the imposition of 25% tariffs on imports from Canada and Mexico, with an additional 10% tariff on goods from China. The tariffs, which go into effect immediately, are aimed at pressuring these countries to halt the flow of migrants and fentanyl across their borders. Trump claims the tariffs will not cause inflation but rather lead to success, though economists warn of potential price hikes for consumers. Canadian Prime Minister Justin Trudeau has vowed to respond forcefully, signaling a potential trade war. This escalation underscores the ongoing trade tensions and raises questions about the broader economic impact on the U.S. and its neighbors.
#TrumpTariffs #CanadaTariffs #MexicoTariffs #ChinaTariffs #TrumpTrade #TariffWar #TrumpOnChina #TrumpOnMexico #TrumpOnCanada #TradeTensions #TrumpEconomy #USCanadaTrade #USMexicoTrade #TariffImpact #TrumpAndChina
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