Trump says ‘no room left’ for deal that avoids tariffs on Mexico and Canada

the Guardian

Trump announces steep tariffs on Canada and Mexico, escalating trade tensions. US to impose 25% levy on Mexican exports, 25% on most Canadian exports. China tariffs to double to 20%. Trump claims no room for negotiation, calls tariffs a powerful weapon. Market reacts with sharp sell-off on Wall Street. Swift retaliation expected.

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