Washington: The US has decided to impose a 25% tariff on Canada and Mexico, which will come into effect from today.
Along with this, additional amounts will also be applied to US imports from China.
The US President, while calling efforts to reach an agreement with Canada and Mexico on the issue of tariffs impossible, said that the chances of a trade deal with the two countries are very low.
The effects of the imposition of tariffs on Canada and Mexico have also been felt on the US stock market, where a decline has been seen. For the first time in 2025, the S&P 500 index has decreased by 1.8% in one day.
In addition, a downward trend has been seen in the shares of the world’s largest technology companies, which has caused concern about the global economic situation.
