President Donald Trump's new tariffs on goods from Canada, Mexico, and China have sparked a wave of criticism from business leaders who fear a global trade war. While Trump claims the tariffs are necessary to curb the flow of fentanyl into the US, many warn that they will hurt American industries and consumers. Canadian Prime Minister Justin Trudeau has vowed to retaliate with tariffs on US goods, while Mexican business leaders urge their government to resist doing the same.
Billionaires, industry leaders, and executives are reacting to President Donald Trump's tariffs against Canada, Mexico, and China.The Trump administration said Saturday it had imposed a 25% tariff on goods from Canada and Mexico and a 10% tariff on China.The announcement sparked swift responses from all three countries. Canada and Mexico promised retaliatory tariffs, and China vowed 'corresponding countermeasures.
'Perhaps, with the passage of time, more prepared and sensible minds will prevail in the USA and things will change, but that is not in our hands.''What we definitely SHOULD NOT DO is play the 'Boy Hero' and throw ourselves into the void, by putting MORE taxes on Mexican citizens, who are already screwed by Trump's actions,' he added.
TRUMP TARIFFS CANADA MEXICO CHINA GLOBAL TRADE WAR BUSINESS LEADERS FENTANYL
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