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Trump's new China tariffs take effect, but there's a $100 billion hole

Upworthy Tuesday, 4 March 2025 ()
President Trump is making good on tariff threats that will raise the stakes of his trade war with China and potentially ignite another in North America. Why it matters: It breaks a pattern of head fakes that Wall Street and businesses large and small had hoped would continue. Financial market…
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Video Credit: Oneindia - Published
News video: China Vows Retaliate After Trump threatens Another 10% Tariff Hike Including Canada, Mexico

China Vows Retaliate After Trump threatens Another 10% Tariff Hike Including Canada, Mexico 03:04

Trump has confirmed a new wave of tariffs set to take effect on March 4, targeting imports from Mexico, Canada, and China. A 25% tariff will be imposed on goods from Mexico and Canada, while an additional 10% duty will be placed on Chinese imports due to ongoing concerns over fentanyl trafficking....

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