In a bold move, former President Donald Trump has announced the imposition of 25% tariffs on imports from Canada and Mexico, with an additional 10% tariff on goods from China. The tariffs, which go into effect immediately, are aimed at pressuring these countries to halt the flow of migrants and fentanyl across their borders. Trump claims the tariffs will not cause inflation but rather lead to success, though economists warn of potential price hikes for consumers. Canadian Prime Minister Justin Trudeau has vowed to respond forcefully, signaling a potential trade war. This escalation underscores the ongoing trade tensions and raises questions about the broader economic impact on the U.S. and its neighbors.
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