evrimagaci.org on Nostr: Trump Launches Tariff War Against Canada, Mexico, And China ========== On February 1, ...
Trump Launches Tariff War Against Canada, Mexico, And China
==========
On February 1, 2025, the Trump administration imposed 25% tariffs on imports from Canada and Mexico, and 10% on products from China; President Trump stated these tariffs aim to address unauthorized immigration and fentanyl issues; White House Press Secretary Karoline Leavitt confirmed tariffs would take effect immediately; Critics, including Senate Leader Chuck Schumer, warned tariffs could harm middle-class families; Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum prepared for retaliation; Economists predict tariffs could lead to inflation and higher consumer prices; Doug Ford, Ontario's Premier, threatened to remove American alcohol from Canadian shelves; Liu Pengyu from the Chinese embassy emphasized that trade wars harm both sides; The tariffs could impact various sectors, including energy and agriculture, raising concerns about the U.S. economy's interconnectedness with its neighbors.
#Tariffs #TradeWar #Trump #Canada #Mexico #China #Economy #Inflation #Retaliation #Politics
https://evrimagaci.org/tpg/trump-launches-tariff-war-against-canada-mexico-and-china-175161
==========
On February 1, 2025, the Trump administration imposed 25% tariffs on imports from Canada and Mexico, and 10% on products from China; President Trump stated these tariffs aim to address unauthorized immigration and fentanyl issues; White House Press Secretary Karoline Leavitt confirmed tariffs would take effect immediately; Critics, including Senate Leader Chuck Schumer, warned tariffs could harm middle-class families; Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum prepared for retaliation; Economists predict tariffs could lead to inflation and higher consumer prices; Doug Ford, Ontario's Premier, threatened to remove American alcohol from Canadian shelves; Liu Pengyu from the Chinese embassy emphasized that trade wars harm both sides; The tariffs could impact various sectors, including energy and agriculture, raising concerns about the U.S. economy's interconnectedness with its neighbors.
#Tariffs #TradeWar #Trump #Canada #Mexico #China #Economy #Inflation #Retaliation #Politics
https://evrimagaci.org/tpg/trump-launches-tariff-war-against-canada-mexico-and-china-175161