The leaders of both Canada and Mexico got on the phone with President Donald Trump this past week to seek solutions after he slapped tariffs on their countries, but China’s president appears unlikely to make a similar call soon.
President Donald Trump on Sunday would not rule out the possibility of Americans feeling economic hardships including a recession resulting from his efforts to provoke a trade war with Canada, Mexico and other nations.
Starting just past midnight Tuesday, imports from Canada and Mexico are now taxed at 25%, with Canadian energy products getting tariffed at 10%.
The ongoing trade tensions between the United States and China are once again making headlines. President Donald Trump imposed an additional 10% tariff on Chinese imports this week, bringing total U.S.