President Trump Announces Tariffs on Canada, Mexico and China and the World Holds Its Breath
Late on 1 February, President Trump signed three executive orders, announcing new tariffs on Canada, Mexico, and China. The tariffs include 25% on imports from Canada and Mexico, and 10% on imports from China. Energy products from Canada, crucial for US crude oil imports, are also affected, but 'only' by a 10% tariff.
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