Trump Unveils Sweeping US Tariffs On Canada, Mexico, China

International Business Times AU

International Business Times AU

Summary

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President Donald Trump is on the verge of hitting America’s three biggest trading partners with sweeping tariffs, a far more aggressive use of his favorite economic weapon than anything he did during his first term.
CNN
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If Donald Trump targets the UK, it could retaliate in the form of tariffs targeted at symbolically important US products such as whiskey, blue jeans and motorbikes – hitting brands like Jack Daniel’s, Levi’s and Harley-Davidson
The Independent
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US President Donald Trump on Saturday ordered sweeping tariffs on goods from Mexico, Canada and China, demanding they stanch the flow of fentanyl — and illegal immigrants in the case of Canada and Mexico — into the United States, kicking off a trade war that could dent global growth and reignite inflation.
The News International
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Imports from China will face a 10% tariff on top of existing US charges.
Guardian

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