On February 1, 2025, President Donald Trump imposed significant tariffs on imports from Mexico, Canada, and China. The tariffs include a 25% increase on imports from Mexico and Canada, and a 10% increase on imports from China, citing issues such as illegal immigration and the smuggling of fentanyl as reasons for the decision.
This move has led to swift retaliatory measures from the affected countries, signaling the beginning of a broader trade war.
