Markets sink as Trump confirms tariffs on Canada, Mexico and China
President Donald Trump is moving forward with 25% tariffs on goods imported from Canada and Mexico into the US, saying that time had run out to reach a deal. US stock markets sank in response to the measures, which have been threatened since earlier this year and are due to go into effect on Tuesday.
30mon MSN
The White House announced on Monday that it will impose increased tariffs on China, citing the ongoing fentanyl crisis in the ...
The announcement renewed fears of a North American trade war that already showed signs of pushing up inflation and hindering ...
Those tariffs — if they get imposed — could increase costs for Americans at a time when inflation remains stubbornly high. That, in turn, could prevent the Federal Reserve from lowering borrowing ...
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