Reported about 12 hours ago
President Trump's impending tariffs of 25% on imports from Canada and Mexico and a rise to 20% on Chinese products are set to affect a vast range of goods, including automobiles and consumer electronics. These measures come as part of an economic emergency declaration, leading to potential retaliatory actions from these key trading partners. As the U.S. grapples with increased prices on a plethora of imports, such as food and energy, the tariffs are anticipated to significantly affect American consumers and various industries.
Source: YAHOO