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Trump’s trade war salvo rocks markets

Investors bought dollars, sold stocks and fretted about inflation on Monday (February 3, 2025) in a scramble to assess the risk of a trade war after Donald Trump put tariffs on top U.S. trading partners. Trump’s orders for additional levies of 25% on imports from Mexico and most goods from Canada, as well as 10%…

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Canada Imposes 25% Retaliatory Tariffs On $155 Billion In US Imports Against Trump Order

Last Updated:February 02, 2025, 08:18 IST Donald Trump imposed tariffs on Mexico, Canada, and China, citing security concerns. Meanwhile, Canada has announced retaliatory tariffs against the order signed by Donald Trump. Justin Trudeau (L)/Donald Trump (R) (Photos: Reuters/AP) Canada imposed 25 per cent tariffs on $155 billion in US imports on Sunday, while Mexican President…

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