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Trump’s trade war has begun: what’s at stake for the global economy?

Invezz Monday, 3 February 2025 ()
Trump’s trade war has begun: what’s at stake for the global economy?A new trade war has begun, and this time, the stakes are higher than ever. President Donald Trump has imposed massive tariffs on Canada, Mexico, and China, triggering immediate retaliation and a market backlash. The cost of cars, food, energy, and housing is about to rise, businesses are preparing for disruption, and analysts warn this […]
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Video Credit: Oneindia - Published
News video: Trump’s Trade War| After Mexico and Canada, China Hits Back at Trump’s Tariffs; to Sue US at WTO

Trump’s Trade War| After Mexico and Canada, China Hits Back at Trump’s Tariffs; to Sue US at WTO 04:17

China has announced plans to file a lawsuit at the World Trade Organization (WTO) in response to U.S. President Donald Trump's new tariffs on Chinese goods. The tariffs, which are set to take effect on February 4, will include a 25% tax on imports from Mexico and Canada, and a 10% tariff on Chinese...

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