TRUMP SLAPS CANADA, MEXICO, CHINA WITH NEW IMPORT TARIFFS

Washington D.C., USA — Two weeks after his inauguration as the 47th US President, Donald Trump has started his economic duties, starting off with imposing new tariffs for imports from three major trading countries.

In a briefing on Friday, White House press secretary Karoline Leavitt confirmed that President Trump will start to impose the said new tariffs for imports from Canada, Mexico, and China.

“I can confirm that, tomorrow, the February 1 deadline President Trump put into place with a statement several weeks ago continues,” Leavitt said.

Goods and products imported from Canada and Mexico will be hit with a 25% tariff, while China with 10%.

Other details were not disclosed aside from that the policy will be implemented on February 1st.

Tariff duties on overseas goods will raise hundreds of billions of dollars for the federal government, while economists warn that higher tariffs will risk raising prices and cost of living of Americans.

Meanwhile, Trump also emphasized a follow up with more tariff waves against the European Union.

Aside from goods, the US is also looking into adjusting tariffs in oil and gas, drugs, steel, aluminum, copper, and computer chips.

Although Trump insisted that Canada, Mexico, and China can do nothing about this, the three countries are working on how to address and respond to these changes.

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