Friday, February 28, 2025

Tariff Crazy

©iStock/Vilin Visuals
Trump announced on February 27, 2025 that proposed tariffs on 25% on Canada and Mexico will be implemented on March 4 after a month-long postponement. The president said that these countries had not sufficiently reduced the flow of drugs across the border.

Additionally, Trump also said that China, which already faces 10% U.S. tariffs on its products, “will likewise be charged an additional 10% Tariff on that date.” 

Read more about what it is like to be tariff crazy and how it impacts the global economy, especially in the Asia-Pacific markets.

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