10 minutes agoChina and Canada retaliate with Trump tariff entry into force
Periskopi(a year ago)
(a year ago)China and Canada have announced revenge actions as President Donald Trump's tariffs against Canada, Mexico and China take effect. Canada has pledged to set 25% tariffs for American imports worth $150 billion, while China has announced 10%-15% tariffs on American agricultural imports and is also targeting American firms with actions [...]
Canada has pledged to set 25% tariffs for American imports worth $150 billion, while China has announced 10%-5% tariffs on American agricultural imports and is also targeting American firms with retaliatory actions.
Trump has doubled the tax for Chinese imports to 20%, in response to allegations that Beijing is not doing enough to stop the fertility flow to the US.
The US president said import taxes would force Canada and Mexico to take more action to curb illegal drugs and migrants entering the country.
Meanwhile, American markets fell and Asian markets were shaken by the possibility of a trade war.
Experts have warned that American consumers will likely face higher costs for specific products
