January 20, 2025, Trump Begins Attacking China, Canada

January 20, 2025, Trump Begins Attacking China, Canada
On January 20, 2025, Donald Trump officially begins his new term as President of the United States, and with it, a fierce economic battle against China, Canada, and Mexico. Trump has already signaled plans to impose heavy tariffs on products from these nations, with rates ranging from 10% to 25%. His primary goal is to address what he perceives as unfair trade practices and curb illegal immigration and drug trafficking from the southern borders. These moves have sparked immediate concerns about trade disruptions, currency fluctuations, and potential retaliation from these countries. As the new tariff war begins, global markets brace for significant shifts in international trade.
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