The Trump administration is set to intensify the ongoing trade conflict by imposing 25% tariffs on imported cars and auto parts. This move aims to reduce the U.S. trade deficit but has prompted key trading partners, including Europe and Canada, to prepare retaliatory measures. Analysts warn that these actions could lead to market disruptions and a potential recession.
CROFAM SOCIAL NETWORK
The U.S. has imposed 25% tariffs on imports from Canada and Mexico, leading to significant stock market declines. Canada has announced retaliatory tariffs, increasing global economic uncertainty.
