Trump Unveils Sweeping US Tariffs On Canada, Mexico, China

International Business Times AU

International Business Times AU

Summary

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Automakers would be particularly hard hit, with new steep tariffs on vehicles built in Canada and Mexico burdening a vast regional supply chain where parts can cross borders several times before final assembly.
Deccan Herald
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New trade penalties against Canada, Mexico and China that President Donald Trump plans to impose represent an aggressive early move against America’s three largest trading partners, but at the risk of higher inflation and possible disruptions to the global economy
The Gazette
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US President Donald Trump on Saturday ordered sweeping tariffs on goods from Mexico, Canada and China, demanding they stanch the flow of fentanyl — and illegal immigrants in the case of Canada and Mexico — into the United States, kicking off a trade war that could dent global growth and reignite inflation.
The News International
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Trump has imposed a 25 per cent tariff on Canadian and Mexican imports and a 10 per cent on goods from China.
Hindustan Times

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updated 88:88

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