US tariffs: how Trump’s tax is hitting Big Tech and beyond

President Donald Trump has announced tariffs on goods from Canada, Mexico, and China, with Canada and Mexico facing a 25 percent tariff and China a 10 percent tax, while Canadian energy resources will have a 10 percent tariff. Trump cited the need to stop the influx of drugs into the US as the reason for the tariffs, affecting a wide range of goods and potentially increasing prices for consumers. The move has sparked concerns about delays, higher costs, and retaliatory measures from affected countries.

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