Politics and Government
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Politics and Government
Source : (remove) : wwmt
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Trump says 25% tariffs on Mexican and Canadian imports will start Tuesday

The article from WWMT discusses former President Donald Trump's announcement of imposing new tariffs on imports from Mexico, Canada, and China, set to begin on Tuesday. Trump proposed a 25% tariff on steel and 10% on aluminum from Mexico and Canada, citing national security concerns, despite these countries being part of the USMCA trade agreement. Additionally, he plans to increase tariffs on $200 billion worth of Chinese goods from 10% to 25%, escalating the ongoing trade war with China. These actions are part of Trump's broader strategy to protect American industries, although they have raised concerns about potential retaliatory measures from the affected countries and the impact on global trade relations. The tariffs are expected to affect various sectors of the economy, potentially leading to higher costs for consumers and businesses.

Read the Full wwmt Article at:
[ https://wwmt.com/news/nation-world/donald-trump-tariffs-mexico-canada-start-tuesday-25-percent-china-20-economy-government-politics-nation-united-states ]