Donald Trump signed an order to impose tariffs on goods from China, Canada, and Mexico, which prompted a strong response from these countries. Canada announced countermeasures with tariffs of 25% on American goods, while China will challenge the U.S. tariffs at the World Trade Organization. Mexico plans retaliatory tariffs on American products. This situation could reshape global trade and cause economic consequences, including rising prices in the U.S. Analysts warn of a potential increase in inflation and costs.
Trump sets tariffs on China, Canada, Mexico; tensions rise.
