Trump slaps tariffs on Canada, Mexico, China, risking higher prices for U.S. consumers

Trump slaps tariffs on Canada, Mexico, China, risking higher prices for U.S. consumers



President Donald Trump has signed tariffs on goods coming into the U.S. from Canada, Mexico, and China, raising the risk of a trade war with America’s closest trading partners. The tariffs are in response to a trade deficit, drug overdose deaths, and to protect American industries. Economists predict that tariffs will increase prices for consumers on a wide range of goods. The tariffs could also threaten the United States-Mexico-Canada Agreement and impact sectors like auto, agriculture, and lumber. The tariffs could lead to retaliation from the affected countries, causing further economic strain.





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