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Trump implements 25% tariff on Canadian and Mexican imports

Donald Trump, the President of the United States, surprised everyone on Tuesday by imposing new tariffs on imports from major trading partners. As of today, a 25% tariff on imports from Canada and Mexico and a 20% tariff on Chinese goods will be implemented, which is double the previous predicted rate. Trump cited insufficient progress in combating fentanyl trafficking, despite a significant decrease in illegal immigration to the lowest level in a quarter-century, as the reason for ending negotiations with Canada and Mexico. Emphasizing the significant influx of fentanyl from Mexico and China, he deemed this action necessary.

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