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Trump officially imposes tariffs on Canada, Mexico and China

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Trump is declaring an economic emergency to put duties of 10% on all imports from China and 25% on imports from Mexico and Canada.
President Trump officially imposed tariffs on Canada, Mexico, and China as part of his administration's trade policy during his first 100 days in office. These tariffs were aimed at protecting American industries, particularly steel and aluminum, from what was perceived as unfair trade practices by these countries. The decision to impose these tariffs was met with significant backlash and threats of retaliation from the affected nations. Canada and Mexico, in particular, were initially exempted from the tariffs but were later included after negotiations for a new North American trade deal stalled. China responded by preparing to retaliate with its own set of tariffs on American goods, escalating tensions in international trade relations. This move was part of Trump's broader "America First" economic strategy, which sought to renegotiate or withdraw from trade agreements deemed unfavorable to the U.S.

Read the Full scrippsnews Article at:
[ https://www.scrippsnews.com/politics/president-trumps-first-100-days/trump-officially-imposes-tariffs-on-canada-mexico-and-china ]