News Summary March 4, 2025
‘The Tariffs Are All Set’: Trump Imposes 25% Tariffs on Canada and Mexico
In our top story today, we cover the US tariffs on Canada, Mexico, and China, which officially took effect at 12:00 a.m. today and were soon followed by retaliatory tariffs by Canada and China. US President Trump said the neighboring countries had no chance for a last-minute deal that would have either delayed or prevented the implementation of tariffs. Canada and Mexico now face a broad 25% tariff while China faces an additional 10% tariff on top of the initial 10% tariff imposed in February...
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