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White House Denies Delay Claims, Confirms Tariffs on Canada, Mexico, and China Will Start Saturday

  • President Donald Trump will impose 25% tariffs on imports from Canada and Mexico and 10% tariffs on goods from China starting Saturday, according to the White House.
  • Trump's tariffs aim to encourage cooperation on illegal immigration and boost domestic manufacturing, but they may lead to price increases for U.S. Consumers.
  • Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum have stated their countries are prepared to respond to the tariffs, which could escalate into a trade conflict.
  • A study from the Peterson Institute for International Economics warns that the tariffs will damage all involved economies, stating that a 25% tariff on Mexico would be catastrophic.
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