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Trump's 25% Tariffs on Canada and Mexico Take Effect as Trade Tensions Rise

Name: Trump's 25% Tariffs on Canada and Mexico Take Effect as Trade Tensions Rise
Uploaded: 2025-03-04T17:30:00-08:00
Channel: NBC Palm Springs
Description: President Trump's new tariffs on imports from Canada and Mexico take effect today, with a 25% tax on most goods and a 10% tariff on Canadian energy products. The move aims to curb fentanyl trafficking but has triggered international backlash. China's retaliatory tariffs and export restrictions on U.S. companies are set to follow on March 10.

By: NBC Palm Springs

March 4, 2025

Trump tariffsUSCanada tradeUSMexico tradeChina tariffsfentanyl crackdowntrade warimport taxeseconomic policy

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