President Trump's 25 percent tariffs on imported steel and 10 percent levy on aluminum went into force for Mexico, Canada, and the European Union at midnight on Friday, and all three key U.S. allies quickly vowed to retaliate. The specter of a trade war sent U.S. markets reeling, with the Dow closing down 252 points, or 1 percent.

BING NEWS:
  • Mexico Could Hit U.S. With Tariffs In Retaliation For Trump’s Threats, President Suggests
    Trump’s proposal to impose a 25% tariff on Mexico would worsen inflation and result in job losses, Mexican President Claudia Sheinbaum said.
    11/26/2024 - 3:37 am | View Link
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