Time to Trump-proof trade

Trump is quickly raising import tariffs on more goods and countries. On March 4, US began charging 25% on all Mexican imports, 10% on Canadian energy and 25% on other Canadian goods, and 20% on Chinese products. From March 12, steel and aluminium from all countries will face a 25% tariff. From April 2, agri imports worldwide will be hit with 100% tariff. Subsequently, more tariffs will be announced under the US reciprocal tariff scheme, targeting trade partners with whom US has a trade deficit. Trump has also warned EU of high tariffs unless it buys more US oil and gas. India is nervously preparing for its turn.

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