President Donald Trump's implementation of tariffs on Canada, Mexico, and China has sparked a trade war, jeopardizing decades-old trade agreements in North America and escalating tensions with China. While Trump argues the tariffs are necessary to protect American interests, they are predicted to cause economic pain, including potential inflation, and have been met with backlash from allies.
President Donald Trump said Sunday that Americans could feel “some pain” from the emerging trade war triggered by his tariffs against Canada , Mexico and China, and claimed that Canada would “cease to exist” without its trade surplus with the United States.“Canadians are perplexed,” the country's U.S. ambassador said. “We view ourselves as your neighbor, your closest friend, your ally.
Canadians “just don’t understand where this is coming from ... and probably there’s a little bit of hurt, right?” Hillman told ABC's “This Week” on Sunday.Mexico's president, Claudia Sheinbaum, also announced new tariffs and suggested the U.S. should do more within its own borders to address drug addiction. She and Trudeau spoke after Trump's announcement and agreed “to enhance the strong bilateral relations” between Canada and Mexico, according to the prime minister's office.
TARIFFS TRADE WAR NORTH AMERICA INFLATION CANADA MEXICO CHINA DONALD TRUMP
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