“Trump’s plans for tariffs caused international criticism: Mexico, Canada and China warn of economic consequences. International partners criticized Trump’s plans to introduce high tariffs on imported goods. Countries warn of a threat to economic stability and the possibility of a trade war.”, — write on: unn.ua
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Mexico, Canada and China, as well as leading industry associations, have warned of serious economic consequences from US President-elect Donald Trump’s plans to impose heavy tariffs on imported goods.
According to them, such actions threaten the economies of all three countries, can provoke an increase in inflation and harm the labor markets.
Trump’s pledge, announced on Monday, sent shockwaves through currency, stock and bond markets on Tuesday. Mexico and Canada, which are closely tied to the US in the auto and energy sectors, are particularly concerned.
International leaders warn that such measures could lead to a trade war that would have a negative impact on the global economy.
Trump announced new tariffs for Mexico, Canada and China: what awaits importsNovember 26 2024, 01:35 • 15744 views