Trump’s tariffs on Canada, Mexico and China could mean higher inflation and economic disruption

President Donald Trump plans to impose new trade penalties against Canada, Mexico, and China, signaling an aggressive early move against America’s top trading partners. However, this action carries the risk of higher inflation and potential disruptions to the global economy. The decision underscores Trump’s commitment to reshaping trade policies, but could also lead to unintended consequences that impact both domestic and international markets.

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