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    Josia Shigwedha

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    Josia Shigwedha

US-China trade war

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Business / Economics

Trump trade war intensifies with new and retaliatory tariffs

Mexico, Canada and China are quickly retaliating after President Donald Trump slapped them with fresh tariffs overnight. Goods coming from the US's northern and southern neighbors are now subject to a 25% duty, while the tariff on Chinese goods doubled to 20%. The action threatens to intensify a painful and costly trade war. Toni Waterman has more:  

today5 March, 2025