Reported about 6 hours ago
President Donald Trump's recent executive orders imposing tariffs on imports from Canada, Mexico, and China aim to combat illegal immigration and drug smuggling. The tariffs include a 25% charge on imports from Canada, a 25% tax on Mexican goods, and a 10% tariff on Chinese imports, which collectively could lead to over $1 trillion in tax increases over the next decade. While Trump cites national security concerns and the influence of drug cartels as reasons for these tariffs, they also risk higher consumer prices and retaliatory measures from affected countries. The legality and future adjustments of these tariffs remain under the president's discretion.
Source: YAHOO