President Trump has taken executive action to impose or threaten new tariffs on imports from Canada, Mexico, and China. These moves, intended to address immigration and drug trafficking concerns, have stirred stock markets and supply chains, while also straining relations with key trading partners.
ATLANTA — President Donald Trump has taken executive action to impose or threaten new tariffs on imports from Canada , Mexico and China.
Here are things to know about Trump’s actions, the counters from U.S. trading partners and what it means for American consumers:Trump initially declared an economic emergency to place duties of 10% on all imports from China and 25% on imports from Mexico and Canada. Energy imported from Canada, including oil, natural gas and electricity, would be taxed at 10%. The targeted countries are the United States' three largest trading partners.
Trudeau had urged Canadians to “choose Canadian products” when shopping, effectively urging a boycott of U.S. goods. Locally, multiple premiers of Canadian provinces said they would be removing American alcohol brands from government store shelves. A WTO spokesperson said Monday that no member countries had formally sought to take any action against the U.S over the tariff announcements.Consumers will see the effects, even if businesses pay the tariffs
TRUMP TARIFFS TRADE WAR CANADA MEXICO CHINA
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