US tariffs on Chinese imports take effect after Trump reprieves Canada and Mexico
- Posted on February 4, 2025
- By Business News Today
- 2 Views
US tariffs on Chinese imports take effect after Trump reprieves Canada and Mexico
U.S. tariffs of 10% on Chinese imports took effect, risking a renewed trade war. President Trump suspended 25% tariffs on Mexico and Canada for 30 days, securing concessions on border and crime enforcement. Beijing faces higher tariffs unless it curbs fentanyl flow. Relief came for Ottawa and Mexico City as they agreed to bolster border enforcement.