Businesses scramble to contain fallout from Trump’s tariffs on Canada, China and Mexico
- On Tuesday, the U.S. Government imposed tariffs on goods from Canada, Mexico, and China.
- President Trump initiated these import taxes due to grievances over trade and border issues.
- These tariffs included 25% on Mexican and Canadian goods and doubled levies on Chinese imports.
- Businesses anticipated the tariffs; Manuel Sotelo stated he thought Trump would reverse course.
- The tariffs are expected to raise costs, disrupt trade, and negatively impact small business growth.
306 Articles
306 Articles
Commentary: North America’s tariff wars
On March 9, very different scenes played out in two of North America’s capital cities. In Mexico City, thousands of Mexicans rallied together to celebrate President Claudia Sheinbaum’s success in delaying most of the tariffs threatened by the U.S. Meanwhile, in Ottawa, Mark Carney overwhelming won the race to be Canada’s next prime minister. Both of these events come after U.S. Donald Trump invoked 25% tariffs on all Canadian and Mexican goods, …
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