#TrumpTariffs Here's the latest on US tariffs on China, Canada, and Mexico:

- *Tariff Updates*:

- *China*: 34% tariff on US goods, with an additional 10% tariff effective May 14, 2025. China has also imposed tariffs on US goods, including a 15% tariff on supercooled natural gas and coal, and a 10% tariff on crude oil.

- *Canada*: 25% tariff on certain Canadian goods, with Canada retaliating with tariffs on $107 billion worth of US imports.

- *Mexico*: 25% tariff on some Mexican goods, prompting Mexico to deploy National Guard troops to its border to combat fentanyl trafficking.

- *Market Impact*: The S&P 500 and Invesco QQQ Trust saw declines due to investor concerns over trade policies.¹