Donald Trump plans to introduce tariffs on imports from the EU, Canada, and Mexico, while Canada and Mexico announce retaliatory tariffs on American goods. Trump stated that the countries of the European Union have taken advantage of the USA, and he plans additional tariffs. Import taxes of 25% on Canadian and Mexican goods have been announced. Trump emphasized the need to change trade relations due to the deficit. Canada plans to respond with tariffs worth 106 billion dollars, while Trump believes that the short-term pain will be worth it.
Trump plans tariffs on EU, Canada, Mexico imports.
