Reported about 11 hours ago
Donald Trump has initiated a new wave of tariffs on Canada, China, and Mexico, potentially surpassing the economic toll of his previous administration's measures. Starting with 25% duties on Canadian and Mexican imports and an increase to 20% on Chinese goods, these actions follow a series of trade tensions that threaten to escalate further, leading to significant economic costs for American households. With retaliation from affected nations already in the works, the impending tariffs raise concerns about the overall impact on the U.S. economy and consumer confidence.
Source: YAHOO