Trump vows new tariffs that threaten global trade

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US President-elect Donald Trump on Monday pledged big tariffs on the United States’ three largest trading partners — Canada, Mexico and China — detailing how he will implement campaign promises that could trigger trade wars.

Trump, who takes office on Jan. 20, 2025, said he would impose a 25-percent tariff on imports from Canada and Mexico until they clamped down on drugs, particularly fentanyl, and migrants crossing the border, in a move that would appear to violate a free trade deal.

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