CNN Central News & Network–ITDC India Epress/ITDC News Bhopal: Former U.S. President Donald Trump has once again escalated global trade tensions by imposing fresh tariffs on Canada, Mexico, and China. The move has triggered strong reactions from the affected nations, sparking fears of a renewed trade war. Trump’s decision, framed as a strategy to protect American jobs and industries, has drawn both praise and criticism from economic experts.
Canada and Mexico, two of the U.S.’s largest trading partners, have condemned the tariffs and are considering retaliatory measures. China, a long-standing rival in trade disputes, has also vowed to respond, potentially disrupting global supply chains. The new tariffs target key industries, including steel, aluminum, and consumer goods, raising concerns about inflation and economic instability.
Economists warn that such trade conflicts could have far-reaching consequences, affecting businesses and consumers worldwide. With elections approaching, Trump’s aggressive stance on trade may serve as a key campaign strategy, resonating with his voter base. However, the long-term impact of these tariffs remains uncertain as global markets react to the escalating tensions.
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