Trump Tariffs Spark Trade War: Canada and Mexico Hit Back with Retaliation
2025-02-02
Sydney Morning Herald
The US has sparked a trade war with its largest trading partners, Canada, Mexico, and China, after President Donald Trump imposed sweeping tariffs. Economists warn that this move will lead to significant economic consequences. The trade tensions are expected to impact global markets, with Canada and Mexico already retaliating with their own tariffs. As the trade war escalates, concerns about the impact on international trade and the global economy are growing. With the US trade policy under scrutiny, the future of global trade remains uncertain. Key issues include trade agreements, tariff rates, and economic sanctions.