How will Trump's tariffs on Canada, Mexico, and China affect global trade?

Trump's decision to impose 25% tariffs on Canadian and Mexican goods, and 10% on Chinese imports, significantly impacts global trade. These tariffs are expected to disrupt supply chains, raise prices for consumers, and strain relationships with major trading partners. Countries like Canada, Mexico, and China are likely to retaliate, escalating tensions and potentially leading to a global trade war. The tariffs also threaten to slow economic growth and inflation in the US, while forcing businesses to adapt to new trade dynamics and seek alternative markets.
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US Trade Tensions Soar with Trump’s 25% Tariffs on Canada and Mexico