Donald Trump introduced a 10% tariff on Chinese goods, while tariffs on products from Mexico and Canada have been delayed for a month. China responded by imposing tariffs on American products. The Chinese government claims that the American tariffs violate World Trade Organization rules. Beijing is investigating Google for alleged violations of antitrust laws. Canada and Mexico avoided tariffs by reaching an agreement with the U.S. to enhance border security. Tariffs are taxes on imported goods, and the final economic impact…
Trump set tariffs on China; China responded with tariffs.
