U.S. Imposes Tariffs On Canadian And Mexican Imports

According to BlockBeats, the U.S. government announced on February 2 that it will impose a 25% tariff on imports from Canada and Mexico. U.S. President Donald Trump signed the tariff order, which includes an additional 25% tariff on products from these countries and a 10% tariff on energy resources from Canada. The tariffs are set to take effect on February 4. The White House indicated that if retaliatory measures are taken against these tariffs, the U.S. may consider increasing the tariff rates further.