Trump Set to Impose New Tariffs on Mexico, Canada, and China
The Trump administration is preparing to impose new tariffs on Mexico, Canada, and China, expected to take effect soon. A recent study suggests that these tariffs could cost the average U.S. household approximately $830 in additional taxes. The White House has confirmed that tariffs on goods imported from Canada, Mexico, and China will begin shortly, with significant impacts anticipated across various sectors, including automotive and agriculture. Experts warn that this trade war could have broader negative implications for the U.S. economy and global markets, as businesses and consumers brace for rising prices.
Axios, CNN, The New York Times, Council on Foreign Relations, The Washington Post, CBS News, Reuters, USA TODAY, "Investors Business Daily", CNBC