Donald Trump News | Trump Tariff Threats And What It Means For Global Trade Ties, Explained |

Donald Trump News | Trump Tariff Threats And What It Means For Global Trade Ties, Explained | #trumpnews #trumptariff #donaldtrump
As he returned to the White House in January, President Trump wasted no time in ramping up his
tough trade stance. On his inauguration day, he threatened hefty tariffs – up to 25% on goods from Canada and Mexico, and a 10% tariff on imports from China. But why these countries? Trump claims that these tariffs are a leverage tool, pressuring Canada and Mexico to help stop illegalities into the U.S. For China, tariffs are a part of Trump’s long-standing goal to get better trade deals. But what are tariffs and how does it impact our wallets?

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