In a significant move affecting global trade, former U.S. President Donald Trump has announced a 25% tariff on imported goods, prompting swift reactions from major trading partners, including Mexico, China, and Canada.
Mexico and China have strongly opposed the tariff, warning of potential economic consequences and retaliatory measures. Meanwhile, Canada has hit back, signaling its intent to protect its economic interests and explore countermeasures.
The decision marks a major shift in U.S. trade policy, with analysts predicting heightened tensions and possible trade disputes. Further responses from affected nations are expected in the coming days.
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