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November 26, 2024

Trump Vows Heavy Tariffs on Mexico, Canada and China on First Day Back in Office
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President-elect Trump vowed on Monday to impose a 25% tariff on all
goods from Mexico and Canada and to add a 10% tariff to all goods from
China on the first day of his second presidential term. The move could
undo Trump's own 2018 trade deal, the United States-Mexico-Canada
Agreement. Economists warn such tariffs could severely hamper trade and
industry and result in higher costs for consumers already struggling to
make ends meet. 


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