China, Mexico, Canada Warn Against Trade War As Trump Vows To Hike Tariffs On Day One Of Presidency
US President-elect Donald Trump says he will introduce 25% tariffs on goods coming from Canada and Mexico on day one of his presidency. He also vows to add an extra 10% on goods coming from China. Trump has cited drugs and illegal migrants crossing the US border, as the reason for the tariffs. China has called the move “irresponsible” and warned that no-one will win a trade war, while Mexico’s President said tariffs will not solve US’ drug problem. Canadian PM Justin Trudeau called a meeting with his country’s premiers after they warned a 25% tariff would be “devastating” for workers. n18oc_world n18oc_crux
