By President Donald Trump is reportedly working on an executive order to impose steep tariffs on imports from Mexico, Canada, and China. The proposed tariffs, which could range from 15% to 30%, are aimed at protecting domestic industries and addressing trade deficits. Key sectors targeted include automotive, steel, and electronics.
The announcement has sparked concern among trade experts and international partners. Critics argue that the tariffs could lead to higher consumer prices and disrupt global supply chains. Mexican and Canadian officials have expressed disappointment, with both nations considering retaliatory measures. China has condemned the proposal, calling it “an attack on global trade.”
A Trump spokesperson stated, “This is about putting American workers first and ensuring a level playing field for our industries.”