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Tariffs: What do Trump's executive orders say and how would they work?

  • President Donald Trump imposed a 10% tariff on imports from China to stop fentanyl production, along with a 25% tariff on imports from Canada and Mexico, starting Tuesday.
  • The tariffs could lead to over $1 trillion in tax increases over the next decade, without congressional approval, risking higher inflation and job losses.
  • The tariffs are linked to illegal immigration and drug smuggling, with Trump stating that drug traffickers and governments have an "intolerable alliance" endangering U.S. National security.
  • Canada and Mexico are preparing retaliatory tariffs on U.S. Products in response to Trump's actions, which may lead to further increases in duties.
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Associated Press News broke the news in United States on Sunday, February 2, 2025.
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