Trump’s Tariffs Take Effect as Mexico, Canada, and China Retaliate

President Donald Trump’s new tariffs on imported goods from Mexico and Canada are now in effect, setting off a wave of retaliatory measures from America’s key trading partners. The 25% tariffs on a wide range of goods, combined with an additional 10% tariff on Chinese imports, mark one of the most aggressive trade policies enacted by the Trump administration. Beijing has responded by imposing its own retaliatory tariffs on U.S. agricultural products, while Canada and Mexico are also rolling out tariffs targeting American exports.

Economists warn that. . .