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Trump to speak to Canadian, Mexican leaders over tariffs
February 04, 2025
|The New Indian Express Sambalpur
The move comes after global markets sank on fears over the impact on global economy
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US President Donald Trump said he will discuss the punishing tariffs he has levied on Canada and Mexico with both countries on Monday, as markets sank on fears over the impact on the global economy.
The 25% duties — footed by American companies importing from Mexico and Canada — sent European and Asian stocks slumping at the open Monday.
The Mexican peso and Canadian dollar also sank against the greenback, while oil jumped despite Trump placing the levy on Canada's energy imports at 10 percent to limit a spike in fuel prices.
Besides the US neighbors, Trump also hit China with a 10% tariff in addition to existing levies.
هذه القصة من طبعة February 04, 2025 من The New Indian Express Sambalpur.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Sambalpur
The New Indian Express Sambalpur
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'Excessive fog' leads to T20I abandonment
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2 mins
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Ratle power project in J&K set to face 2-yr delay
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2 mins
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At Alpine SG Pipers, a great team comes with caveat – 3 for Candidates
AFTER the second day of the Global Chess League on Monday, just when Alpine SG Pipers’ team bus had pulled up at the hotel to drop the players off, Fabiano Caruana and Anish Giri were sitting side by side next to the door.
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