President Donald Trump has signed an executive order imposing significant tariffs of 25% on goods from Mexico and Canada, with an exception for Canadian energy resources, which will face a 10% tariff. The order also includes a 10% duty on imports from China. This move, effective soon for Canada, reflects serious concerns about trade imbalances and is invoked under the guise of a national emergency due to illegal immigration and drug-related threats. In 2023, trade figures highlighted a significant ongoing trade deficit with these nations, further justifying these measures.
US President Donald Trump signed an executive order imposing 25% tariffs on imports from Mexico and Canada and a 10% tariff on China, citing national emergency.
The tariffs aim to address trade imbalances and are a response to perceived threats from illegal immigration and drug trafficking, particularly fentanyl.
Collection
[
|
...
]