President-elect Trump plans tariffs on Mexico, Canada, and China, causing market drops and global concern.

President-elect Donald Trump announced on social media plans to impose 25% tariffs on imports from Mexico and Canada, and an additional 10% on Chinese goods. This led to a drop in auto stocks, concern over global supply chains, and unease among major economies. Trump's use of social media for policy announcements, seen as unconventional, is expected to continue in his second term, reminiscent of his first term's approach.

November 26, 2024
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