Trump
US President Donald Trump has signed economic orders imposing significant new tariffs on Canada, Mexico, and China.
The affected nations are the biggest trading partners of the United States.
The new policy represents a reversal of virtually duty-free trade among the three North American nations, which has existed for several years, and an expansion of a frosty trade war between China and the US.
According to the Trump administration, the tariffs are aimed at curbing the inflow of drugs and undocumented immigrants.
The tariffs will amount to a 25 percent duty on all imports from Mexico and most goods from Canada, and a 10 percent tariff on imported Chinese goods.
It is yet another fulfilment of Trump’s campaign promise. Thecable
