The U.S. ended 2024 with the second-largest trade deficit on record — and China and Mexico were the countries that benefited ...
Ostensibly aimed at stemming the flow of fentanyl and illegal immigration, Trump imposed 25% tariffs on imports from Mexico and Canada and 10% tariffs on imports from China (America’s three ...
This move is separate from scheduled tariffs — 25% on Canadian and Mexican goods and 10% on Chinese products set for Saturday, Feb. 1 — and aims to pressure Mexico, Canada, and China to ...