Reported about 4 hours ago
President Trump's implementation of new tariffs on Canada, China, and Mexico has led to swift retaliatory actions from these countries. With 25% tariffs on Canadian and Mexican imports and an increase to 20% on Chinese goods, experts predict significant economic repercussions, estimating an annual increase of $130 billion in costs for American consumers. As stock markets react negatively, uncertainty looms over the U.S. economy amid escalating trade tensions.
Source: YAHOO