Tariff War: Trump Pauses Canada, Mexico Import Tax For 30 Days But No Respite For China

In a bold admission, former President Donald Trump has acknowledged that his newly imposed tariffs on Canada, Mexico, and China may lead to significant disruptions. While Trump has claimed that the tariffs are aimed at addressing issues like fentanyl and illegal immigration, the president admitted that they could cause short-term disruptions, especially in Canada and China. The 25% tariffs on imports from Canada and Mexico, combined with an additional 10% tariff on Chinese goods, are expected to impact consumers and businesses. The potential economic ripple effects are raising concerns about price hikes and trade tensions, as both Canada and China prepare for retaliatory actions. #TrumpTariffs #CanadaTariffs #MexicoTariffs #ChinaTariffs #TrumpTrade #TariffWar #TrumpOnChina #TrumpOnMexico #TrumpOnCanada #TradeTensions #TrumpEconomy #USCanadaTrade #USMexicoTrade #TariffImpact #TrumpAndChina Also Read Ruby Dhalla: The Lady Trump of Canada? Indian-origin 'Controversial' PM Candidate Draws Comparisons to Trump :: https://www.oneindia.com/international/ruby-dhalla-the-lady-trump-of-canada-indian-origin-controversial-pm-candidate-draws-comparisons-4055317.html?ref=DMDesc Canada Extends Cap On International Student Permits For Another Year :: https://www.oneindia.com/international/canada-extends-cap-on-international-student-permits-for-another-year-4052501.html?ref=DMDesc Who Is Chandra Arya? The Indian-Origin MP Running For Prime Minister Of Canada In 2025 :: https://www.oneindia.com/international/who-is-chandra-arya-indian-origin-mp-running-for-canadian-prime-minister-2025-and-his-vision-4047581.html?ref=DMDesc ~HT.318~GR.125~ED.85~

Major cryptocurrencies, including Bitcoin and ether, experienced sharp declines on Monday amid rising tariff tensions led by US President Donald Trump’s import...