The goods hit first by Trump's tariffs on Mexico, Canada and China

Politics and GovernmentPolitics and Government

Tue, March 4, 2025

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The goods hit first by Trump's tariffs on Mexico, Canada and China

^{Published on 2025-03-04 07:40:45 - MSN}

The goods hit first by Trump's tariffs on Mexico, Canada and China - Imports from Canada and Mexico will be taxed at 25 percent while levies on Chinese products will increase to 20 percent

The article from MSN discusses the initial impact of tariffs imposed by former U.S. President Donald Trump on goods from Mexico, Canada, and China. These tariffs, which were part of Trump's broader trade policy to protect American industries, significantly affected various sectors. Products like steel, aluminum, and a range of consumer goods from China were among the first to be hit. The tariffs led to increased costs for American businesses and consumers, retaliatory measures from the affected countries, and disruptions in global supply chains. For instance, steel and aluminum tariffs strained relations with Canada and Mexico, leading to negotiations and eventual exemptions or modifications. Meanwhile, the extensive list of Chinese goods targeted included items like washing machines, solar panels, and various electronics, aiming to reduce the U.S. trade deficit with China but also sparking a trade war with economic repercussions felt worldwide.

Read the Full MSN Article at:
[ https://www.msn.com/en-ie/politics/government/the-goods-hit-first-by-trump-s-tariffs-on-mexico-canada-and-china/ar-AA1AabjE ]

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