Wider trade war rumbles closer as Trudeau calls Trump tariffs ‘dumb’published at 22:12 Greenwich Mean Time 4 March
Adam Goldsmith
Live reporter
Image source, ReutersStores in Canada have already started to remove American products in response to Trump’s tariffs
Rumblings of an all-out trade war sounded shortly after midnight this morning, when Donald Trump followed through on his threat to introduce tariffs on goods imported from China, Canada and Mexico.
A 10% levy on Chinese imports to the US introduced last month was doubled to 20%, while an initial tariff of 25% was slapped on goods from Mexico and Canada.
Stock markets around the world soon began to sink, and analysts warned the new measures could drive up prices for American households.
The White House said the levies would hold the countries accountable for promises to halt illegal immigration and prevent fentanyl imports across the US border. Trump…
