Скачать или смотреть Trump speaks on 25% tariffs to Canada and Mexico

President Donald Trump is moving ahead with 25% tariffs on imports from Canada and Mexico, which took effect on Tuesday, while doubling tariffs on Chinese goods to 20% a day earlier than expected.

The move escalates trade tensions with the U.S.’s three largest trading partners. China, in response, announced Tuesday it would impose additional tariffs of up to 15% on imports of key U.S. farm products, including chicken, pork, soy and beef, and also expanded controls on doing business with key U.S. companies. Canada said it would slap tariffs on more than $100 billion of American goods.

Trump has framed the tariffs as an effort to curb illegal immigration and drug trafficking, particularly fentanyl, while also aiming to rebalance trade and bring more manufacturing back to the U.S. However, the decision has sparked renewed concerns over rising inflation and disruptions to supply chains.