Business / Economics

Trump Confirms US Tariffs on Canada, Mexico, and China Will Proceed

today4 March, 2025

Background

After weeks of speculation, U.S. President Donald Trump has announced that 25% tariffs will be imposed on imports from Canada and Mexico, plus another 10% on China, effective Tuesday, U.S. time. US markets reacted to the news with the S&P 500 marking its worst day since December, while the Dow Jones dropped more than 600 points. Mitch McCann reports:

 

Written by: Leonard Witbeen

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