💨 Abstract

Canada will challenge the 25% tariffs imposed by the US on most Canadian goods, considering them illegal and in violation of trade agreements. In response, Canada will impose retaliatory tariffs on 1,256 US products worth up to C$30 billion. The US tariffs, which also apply to Mexico, could harm global economic growth and potentially reignite inflation.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖