Trump’s Tariff Gambit: As Allies Prepare To Strike Back, A Costly Trade War Looms

On Saturday, Feb. 1, 2025, U.S. President Donald Trump an­nounced a plan to slap steep tariffs on imports from key American trading partners – 25% on goods from Mexico and Canada and 10% on imports from China. His stated reason? To curb illegal immigration and drug trafficking. Both Mexico and Canada managed to buy some [...]

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