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Trump pledges 25% tariffs on all products imported from Canada and Mexico, deeper tariffs on China, over opioids and immigration

  • President-Elect Donald Trump plans to impose a 25% tax on all products entering the U.S. From Canada and Mexico, plus a 10% tariff on goods from China.
  • Trump stated that the tariffs will remain until drugs and illegal immigration cease, calling the situation an "invasion".
  • Trump described tariffs as "a useful tool for achieving the president’s foreign policy objectives," which could raise prices for consumers significantly.
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