Trade Wars Begin: Trump Slaps Tariffs On Canada, Mexico And China; Triggers Immediate Retaliation

Just hours after Trump unveiled double-digit tariffs on the three largest US trading partners, Canada and Mexico announced their own plans for retaliatory tariffs on the US.  Outgoing Canadian Prime Minister Justin Trudeau said late on Saturday that Canada will respond by placing 25% counter-tariffs on C$155 billion ($107 billion) worth of American-made products, with items including beer, wine, bourbon, fruits, fruit juices, vegetables, clothes, perfume, household appliances, plastic, and lumber subject to tariffs. Hilariously, Canada is going especially hard after alcohol produced in Republican states...

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