March 4 Tariff Hike: Increase on Canadian, Mexican, and Chinese Imports
President Trump has announced that the 25 percent tariff on Canadian and Mexican-origin goods will take effect on March 4. Additionally, he stated that the existing 10 percent tariff on Chinese imports under the International Economic Emergency Powers Act (IEEPA)— which began on February 4, 2025— will increase to 20 percent. Here is a breakdown…
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