President Trump announced that his proposed tariffs on Mexico and Canada, paused on Feb. 3, will go into effect on March 4, along with an additional 10% tariff on China. Trump cited continued drug flow from Mexico and Canada as the reason for the tariffs, despite border policing efforts. White House confirmed the new tariffs on China will bring total U.S. tariffs on Chinese imports to 20%, causing slight market fluctuations.
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