Trump has vowed to impose additional tariffs on China as well as neighboring Canada and Mexico, sparking market turmoil with his first concrete threat to restrict global trade flows following his election victory.

Trump has vowed to impose additional tariffs on China as well as neighboring Canada and Mexico, sparking market turmoil with his first concrete threat to restrict global trade flows following his election victory.

Trump announced plans to introduce an additional 10% tariff on goods from China and a 25% tariff on all goods from Mexico and Canada. He described the new tariffs as a necessary measure in the fight against migrants and illegal drugs crossing the borders.

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