President Donald Trump signed an executive order issuing tariffs on goods coming into the U.S. from Canada, Mexico and China, raising the risk of a trade war with America’s closest trading partners and threatening to drive up prices on everything from cars to avocados.
The only products exempt from the tariffs are Canadian energy products, which would have a lower tariff rate of 10% to "minimize any disruptive effects we might have on gasoline and home heating oil prices," said the senior administration official.
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News post in February 3, 2025, 3:04 pm.
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