New Trump Tariffs: Impact on Global Trade!
🚨 U.S. President Donald Trump has announced that the 25% tariffs on steel and aluminum will remain in place. While Canada and Mexico may receive some exemptions, China will face an additional 20% tariff.
🔹 China's Response: A retaliatory tariff of 15% has been imposed on U.S. agricultural imports, including soybeans and pork!
🔹 Global Impact: The European Union is also considering countermeasures, increasing the risk of an escalating trade war.
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