Donald Trump has signed an executive order to impose tariffs on goods from Canada, Mexico, and China. The tariffs for Mexico and Canada will be 25 percent, while for China, they will be 10 percent. These measures represent a shift in the tariff-free trade between these countries. Trump acknowledges that the tariffs could trigger a global trade war, increase costs, and disrupt supply chains, but he believes they will strengthen the American economy in the long term.
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