Trump Set to Impose Tariffs on Canada, Mexico, and China, Stirring Price Concerns
The administration of U.S. President Donald Trump is poised to introduce new tariffs targeting key trading partners: Canada, Mexico, and China. This move could disrupt supply chains that span multiple sectors—from energy to automotive—while raising alarms about potential inflation.
Specifics of the tariffs are already generating concern. Mr. Trump intends to impose a steep 25% tariff on imports from Canada and Mexico, attributing this decision to what he perceives as these nations’ inadequate efforts to curb illegal…