Tariff hammer drops! Donald Trump blames China for drug crisis in U.S, hits back hard with double tariffs in latest salvo; stock markets tank

US President Donald Trump announced tariffs on imports from Canada, Mexico, and China will start on March 4, attributing the measure to combat drugs entering the US. The economic impacts are already felt in rising consumer concerns and stock market shakiness. Trumps strategy involves leveraging tariffs for policy concessions, with potential European Union tariffs.