Hold onto your hats, folks! 🎩 U.S. President Donald Trump just shook the global economy by signing an executive order on February 1st imposing hefty new tariffs. 🇺🇸💥
In a surprise move, a 10% tariff is now slapped on all imports from China, adding to existing tariffs. That's right—everything from tech gadgets to sneakers could see a price hike! 📱👟
But that's not all! Our neighbors to the north and south aren't spared either. Imports from Mexico and Canada will face an additional 25% tariff. 🌮🍁 Talk about a plot twist!
These tariffs are expected to ripple through the global market, affecting consumers, businesses, and international relations. 🌎📈
So, what's next? Will this move boost American industries or spark a trade war? Only time will tell. Stay tuned, amigos! 👀
Reference(s):
cgtn.com