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Trump signs order imposing tariffs on Canada, Mexico and China

  • President Donald Trump signed an order to impose tariffs of 10% on imports from China and 25% on imports from Mexico and Canada, citing economic emergency and the need to protect Americans.
  • Retaliatory tariffs were immediately announced by Mexico and Canada, with Canada planning to impose 25% tariffs on up to $155 billion in U.S. Imports.
  • A study by the Budget Lab at Yale predicts that the tariffs could cost the average U.S. Household $1,170 in lost income, raising concerns about inflation.
  • Canadian Prime Minister Justin Trudeau warned that the tariffs could lead to 'dark times' and emphasized that the U.S. Penalties would damage relationships with allies.
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  • 47% of the sources are Center
47% Center
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