China has announced a 34% tariff on various U.S. imports in response to recent trade policies, escalating tensions between the two economic powerhouses. Analysts warn this move could further strain bilateral relations and impact global markets.
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In a bold economic move, former President Trump announced plans to impose tariffs on Mexico and Canada starting March 4, alongside an additional 10% tariff on imports from China. This decision aims to combat the ongoing fentanyl crisis impacting the U.S.