Reported about 8 hours ago
US President Donald Trump has initiated a trade policy shift, imposing 10% tariffs on Chinese imports and pausing 25% tariffs on Canada and Mexico for one month. While tariffs on China took effect causing immediate retaliation, discussions with Canadian and Mexican leaders led to temporary reprieves, creating uncertainty in financial markets. Analysts express concerns about potential inflation and its implications for American households as trade tensions escalate.
Source: YAHOO