💨 Abstract

President Donald Trump announced that 25% tariffs on imports from Mexico and Canada will take effect on Tuesday, causing financial markets to decline. The tariffs are intended to pressure both countries to address fentanyl trafficking and build more factories in the U.S. Mexico and Canada have indicated they will respond if tariffs are imposed, and the move could have a significant impact on the integrated North American economy.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖