Trump Starts Trade War with Canada, Mexico, and China
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World
February 2, 2025 05:30
usa - President Donald Trump announces additional tariffs on imports from Canada, Mexico, and China, sparking fears of retaliation and global economic instability.
Trump Initiates Trade War
President Donald Trump declared that the U.S. will impose additional tariffs on goods from Canada, Mexico, and China, escalating trade tensions...
Unstoppable Decision
In an Oval Office statement, Trump emphasized that there is nothing Canada, Mexico, and China can do to stop the tariffs, citing illegal fentanyl imports as the reason...
Expected Retaliation
Canada's Prime Minister and Mexico's President vow strong responses to the tariffs, while China is anticipated to reciprocate...
Impact on Inflation
Trump's trade war could lead to rising prices in the U.S. market, despite the administration's claim that the tariffs are not inflationary...