By Daniella Genovese | Fox Business
President Donald Trump imposed tariffs on Canada and Mexico and an additional levy on China on Tuesday, escalating tensions with key trading partners.
The U.S. began imposing a 25% tariff on goods from Canada and Mexico Tuesday, and an additional 10% levy on Chinese imports as Trump looks to curtail drug trafficking and illegal immigration.
Earlier this year, the administration delayed these tariffs to allow Canada and Mexico time to negotiate trade deals aimed at addressing U.S. border security and halting the flow of drugs like fentanyl.