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Trump signs order imposing tariffs on Canada, Mexico and China

  • President Donald Trump signed an order imposing 10% tariffs on imports from China and 25% on those from Mexico and Canada, claiming it was necessary to protect Americans and curb fentanyl production and illegal immigration.
  • Retaliation from Mexico and Canada was immediate, with Canada planning to impose matching tariffs on up to $155 billion in U.S. Imports, while Mexico's president instructed her economy secretary to implement a response.
  • The tariffs are set to take effect on Tuesday, potentially leading to increased inflation and higher prices for consumers, as warned by various economists and political leaders.
  • Canadian Prime Minister Justin Trudeau expressed concern over the tariffs, stating they could lead to 'dark times' and warned that they would damage relationships with allies and raise costs for families.
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  • 47% of the sources are Center
47% Center
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