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- Trump announced new plans for tariffs on imports from Canada, Mexico, and China.
- US imports from Mexico, China, and Canada totaled $1.32 trillion in 2023.
- US markets were muted in their reaction, while global equities and currencies were jolted.
President-elect Donald Trump’s latest plans to levy tariffs against China, Mexico, and Canada were moving markets on Tuesday.
In two posts on Truth Social on Monday evening, Trump said he would impose a 25% tariff on all products coming into the United States from Canada and Mexico and an additional
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