💨 Abstract

President Donald Trump announced a 25% tariff on imports from Mexico and Canada, effective from Tuesday. The move sent financial markets tumbling, with CEOs and economists warning of a significant impact on the North American economy. Trump stated there was "no room left" for a deal to avert the tariffs. Mexico has hinted at new measures in response, while Canada's Foreign Minister Melanie Joly said Ottawa would be ready to respond.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖