Trump to impose 25 per cent tariffs on Canada, Mexico; China too likely to be included

In line with the promises made in the run-up to the election, US President Donald Trump has announced plans to impose a 25 per cent tariff on two neighbouring countries, Canada and Mexico. The US is also likely to consider similar measures for China. The US President cited several reasons, including illegal immigration, smuggling of drugs, and the massive subsidies that the US gives to Canada and Mexico in the form of deficits for the tariffs.

from IndiaTV World: Google News Feed https://ift.tt/mo8hXLi