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Trump’s Tariffs Ignite Global Trade Tensions

The Trump administration claims these tariffs aim to combat illegal immigration and drug trafficking, particularly fentanyl, from Canada, Mexico, and China

In a dramatic escalation of trade policy, U.S. President Donald Trump imposed sweeping tariffs on imports from Canada, Mexico, and China, sparking retaliatory measures and fears of a global trade war.

Signed at Mar-a-Lago on Saturday, the executive orders introduce a 25% tariff on goods from Canada and Mexico and a 10% levy on Chinese imports, with Canadian energy products facing a reduced 10% rate.

The tariffs, set to take effect Tuesday, aim to address illegal immigration and curb the flow of fentanyl into the United States.

Canada and Mexico swiftly announced countermeasures. Canadian Prime Minister Justin Trudeau declared a 25% tariff on $155 billion worth of U.S. goods, targeting products like beer, wine, and orange juice.

Trudeau criticized the move as jeopardizing the strong U.S.-Canada partnership. Similarly, Mexican President Claudia Sheinbaum revealed plans for retaliatory tariffs on U.S. exports, with potential targets including pork and steel.

China condemned the tariffs and hinted at countermeasures while preparing to challenge them at the World Trade Organization. Economists warn that these actions could disrupt global supply chains, increase inflation in the U.S., and risk economic slowdowns in Canada and Mexico. As tensions rise, the world braces for the potential fallout of this intensifying trade conflict.

Saman Siddiqui

I am a freelance journalist with a Master’s Degree in Mass Communication and an MS in Peace and Conflict Studies. Since 2006, I have been involved in various capacities within the electronic media industry. At OyeYeah, I cover diverse genres ranging from journalism and fiction to fashion, including reviews and fact-finding reports.

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