Donald Trump has said he will sign an immediate executive order imposing a 25% tariff on all products from Mexico and Canada, and an additional 10% tariff on China. Trump said the tariffs would remain in place until the US’s two neighbors clamp down on drugs, particularly fentanyl, and people crossing the border illegally. “A tariff is basically a sales tax, raising the price of almost everything you buy,” said Robert Reich, a secretary of labor under Bill Clinton. Canada, Mexico and China account for about 40% of the goods the US imports each year, according to official statistics. Here’s how the war ramped up recently: In October, Israel launched a ground invasion and accelerated bombing across Lebanon.

Source: The Guardian November 26, 2024 12:49 UTC