Turbulent Tariffs: Trump's Trade War Timeline
U.S. President Donald Trump's tariff policies from January to August, including significant trade escalations and negotiations, have deeply impacted global markets. A series of increased tariffs on imports from countries like China, Mexico, Canada, and EU members has created economic uncertainty worldwide.
U.S. President Donald Trump's decision to impose various tariffs since January has sent shockwaves through the global financial markets and injected unpredictability into the world economy.
The timeline of these developments shows a series of tariff impositions starting with a 25% tariff on imports from Mexico and Canada, and a 10% duty on goods from China, in response to concerns over fentanyl and illegal immigration.
Major tariff hikes occurred through subsequent months, affecting global trade dynamics, with U.S.—China relations taking significant hits and negotiations leading to temporary truce agreements. Key trade partners remain embroiled in the economic ripple effects of these unprecedented measures.
(With inputs from agencies.)
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