Trump opens tariff war against Mexico, Canada and China
The president signed the executive order imposing tariffs of 25% on its neighbors and 10% on the Asian giant, marking the beginning of a trade war
While the world was awaiting one of his most far-reaching decisions since returning to office, U.S. President Donald Trump went to spend Saturday morning at his West Palm Beach (Florida) golf club. The White House announced on Friday the imposition of tariffs of 25% on imports from Mexico and Canada and 10% on imports from China as of this Saturday, but the president had not approved them and the day’s presidential schedule was blank. Goods continued to move freely and uncertainty about the specific content of the measures remained an unknown. Finally, Trump has signed an executive order imposing those tariffs, although the full details are not yet known. The order authorizes Trump to raise the tariffs if there is a response from the affected countries, as expected.
