💨 Abstract

President Donald Trump on Tuesday threatened tariffs on the EU, China, Canada, and Mexico due to trade imbalances and illegal drug trafficking. He is considering a 10% duty on Chinese imports and 25% tariffs on Canada and Mexico from February 1. Trump's threats come as he signed a trade memorandum ordering reviews of trade issues by April 1, including analyses of persistent U.S.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖