President Trump Imposes New Tariffs on Key Trading Partners: China, Canada, and Mexico

U.S. President Donald Trump has followed through on his earlier threats by signing an executive order imposing new tariffs on major trading partners, including China, Canada, and Mexico.

Canadian officials have been informed that a 25% tariff will be applied to goods exported to the U.S. starting Tuesday, with Canadian oil subject to a 10% tax. Similarly, exports from Mexico will also face a 25% tariff, while goods sent from China to the U.S. will be taxed at 10%.

The White House has made it clear that if any country retaliates in response to these tariffs, the U.S. is prepared to take further measures.

According to U.S. media reports, this move by President Trump has set the stage for a destabilizing trade war, raising concerns about the broader impact on global trade relations.