Canada and China retaliate after Trump's tariffs take effect

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Canada and China retaliate after Trump's tariffs take effect

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Canada and China retaliate after Trump's tariffs take effect

^{Published on 2025-03-04 17:00:42 - KGOU}

China and Canada hit back swiftly after Trump's sweeping trade tariffs took effect at midnight U.S. time Tuesday, escalating fears of a global trade war. International markets, meanwhile, continued to slide amid growing uncertainty.

The article from KGOU discusses the economic and political repercussions following the implementation of tariffs by former U.S. President Donald Trump on steel and aluminum imports. In response, Canada and China have taken retaliatory measures. Canada has imposed tariffs on a variety of U.S. products including steel, aluminum, and other goods like coffee, whiskey, and yogurt, aiming to match the economic impact of Trump's tariffs. Meanwhile, China has targeted U.S. agricultural products, particularly soybeans, and other goods like cars and chemicals, escalating trade tensions. These actions have led to concerns about a potential trade war, with implications for global trade, increased costs for consumers, and disruptions in supply chains. The article also touches on the broader context of trade negotiations and the potential for further economic friction between these nations.

Read the Full KGOU Article at:
[ https://www.kgou.org/politics-and-government/2025-03-03/canada-and-china-retaliate-after-trumps-tariffs-take-effect ]

Contributing Sources

KGOU

N@N

Canada and China retaliate after Trump's tariffs take effect