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Global Trade War Begins as High US Tariffs Kick In

The New Indian Express Kollam

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March 05, 2025

Canada, China hit back with extra tariffs on US imports; Mexico to respond on Sunday

- Benn Kochuveedan @Mumbai

The global trade war has officially begun with US President Donald Trump's new 25% tariffs on imports from Canada and Mexico, and an enhanced 20% duty on Chinese goods, taking effect on Tuesday.

Trump said the tariffs on Canada and Mexico are "to combat the extraordinary threat to US national security, including public health posed by unchecked trafficking" of lethal drugs such as fentanyl and nitazene synthesis, which could kill 9.5 million Americans.

According to the White House, 68% of all drug poisoning deaths in 2022 and 2023 were caused by synthetic opioids, primarily fentanyl.

The New Indian Express Kollam

यह कहानी The New Indian Express Kollam के March 05, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

क्या आप पहले से ही ग्राहक हैं?

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