Overview

• Donald Trump has imposed tariffs of up to 25% on imports from Canada, Mexico, and China, citing trade imbalances and border security concerns.
• Temporary agreements with Canada and Mexico have delayed the tariffs for 30 days in exchange for stricter border enforcement measures.
• China has responded with its own tariffs on U.S. goods and plans to challenge the U.S. measures through the World Trade Organization.
• European leaders are preparing for potential U.S. tariffs on EU imports, with discussions of retaliatory measures and negotiations underway.
• Economic experts warn that escalating trade conflicts could disrupt global supply chains, increase consumer costs, and strengthen China's economic influence in Latin America.