Tariffs on Canada, Mexico to Start Tuesday, Trump Says
The U.S. is imposing 25% tariffs on its trade with Canada and Mexico, effective from Tuesday, in response to what President Donald Trump described as "unfair" trade practices by the two countries. Reciprocal tariffs will start on April 2, marking a significant escalation of tensions between Washington and its northern neighbors. The move is part of a broader strategy to protect American industries and jobs.
- This move underscores the volatility of international trade relationships and highlights the ongoing tension between the U.S. and its largest trading partners.
- Will the tariffs actually lead to an increase in bilateral trade, or will they instead create economic uncertainty and disrupt supply chains?