Trump's proposed tariffs aim to address issues like drug trafficking and migration, but these measures target key trade partners and could disrupt the global economy.
The executive order will impose a 25% tariff on imports from Canada and Mexico, and an additional 10% on Chinese imports, as a direct response to U.S. border issues.
Despite Trump’s claim that foreign nations pay for tariffs, it is American companies that bear these costs, leading to increased prices for U.S. consumers.
With over $1.2 trillion in imports from Canada, Mexico, and China, the tariffs represent a substantial tax on essential goods for American businesses and consumers.
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