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Trump has begun another trade war. Here's a timeline of how we got here

  • President Donald Trump signed executive orders imposing new tariffs starting February 4, 2025, targeting imports from China, Mexico, and Canada.
  • These tariffs follow a history of trade conflicts since Trump's first term, during which he targeted China and pressured Canada and Mexico to renegotiate the U.S.-Mexico-Canada Agreement.
  • The tariffs include 10% duties on Chinese imports and 25% on Mexican and Canadian goods, triggering immediate retaliatory tariffs by these countries and escalating global trade tensions.
  • Economists warn that these reciprocal tariffs, which have reached up to 145% on China, risk disrupting global business and increasing prices for consumers, while the Federal Reserve notes growing economic uncertainty.
  • In response to trade pressures, a 90-day truce was declared between the U.S. and China in May 2025, including tariff rollbacks and ongoing high-level talks, though overall trade uncertainty remains high.
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Associated Press News broke the news in United States on Saturday, March 8, 2025.
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