💨 Abstract

President Donald Trump implemented new 25% tariffs on imports from Mexico, Canada, and China on Tuesday, escalating trade conflicts with the top three American trading partners. Canada and Mexico plan to retaliate immediately, while China vowed countermeasures. The tariffs could disrupt the North American economy, raise costs for consumers and producers, and potentially lead to recessions and job losses.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖