💨 Abstract

President Donald Trump has threatened to impose tariffs on the European Union, China, Canada, and Mexico, citing fentanyl trafficking and trade surpluses. He has set a new deadline of February 1 for 25% tariffs against Canada and Mexico, and is considering a 10% duty on Chinese imports. His comments have sparked concerns about a potential trade war, and the financial markets have reacted negatively.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖