US Trade Partners Warn of Economic Harm from Trump Tariffs

Reported about 6 hours ago

Officials from Mexico, Canada, and China have raised alarms about the potential impact of President-elect Trump's proposed tariffs on imports, warning that they could harm the economies of all countries involved, ignite inflation, and disrupt job markets. The trade partners emphasized the interconnectedness of the U.S., Canada, and Mexico, especially in auto production and energy supply, indicating that tariffs would exacerbate economic uncertainties and could violate existing trade agreements. Leaders called for dialogue and cooperation to prevent escalating trade tensions and negative repercussions.

Source: YAHOO

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