💨 Abstract

The U.S. President Donald Trump has implemented new 25% tariffs on imports from Mexico, Canada, and China, sparking trade wars that could negatively impact economic growth and raise prices for Americans. Canada and Mexico retaliated with their own tariffs on U.S. goods, causing a global stock selloff and weakening the Mexican peso and Canadian dollar against the U.S. dollar. China responded with additional tariffs on certain U.S.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖