💨 Abstract

US President Donald Trump plans to impose 25% tariffs on imports from Mexico and Canada from February 1, citing concerns over immigration and drug smuggling. Trump has previously threatened tariffs on Mexico during the 2024 campaign and on Canada and China. He has justified the tariffs as a means to financially benefit the US, but experts warn it would amount to a tax on consumers.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖