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Donald Trump threatens to impose sweeping tariffs on Mexico, Canada and China on first day

Donald Trump has announced plans to impose sweeping tariffs on Mexico, Canada, and China on his first day if he wins the 2024 presidential election. This policy aims to address what Trump describes as "unfair trade practices" by these countries. He specifically mentioned a 10% tariff on all foreign goods entering the U.S., with higher tariffs on countries that devalue their currency or engage in other trade practices deemed detrimental to American interests. Trump's proposal includes revisiting the USMCA (United States-Mexico-Canada Agreement) to ensure it benefits the U.S. more equitably, and he has criticized the current trade relationship with China, suggesting that the tariffs would help reduce the trade deficit and protect American industries. This move is part of his broader strategy to prioritize American manufacturing and economic interests.

Read the Full WGHP Article at [ https://myfox8.com/news/politics/us/donald-trump-threatens-to-impose-sweeping-tariffs-on-mexico-canada-and-china-on-first-day/ ]