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Trump starts tariffs on Canada, Mexico and China

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President Donald Trump officially announced new tariffs on Canada, Mexico and China.

The import tariffs are 25% for Canada and Mexico, with 10% tariffs on Canadian oil. The tariffs on Chinese imports are 10%.

Trump cited "the major threat of illegal aliens and deadly drugs killing our citizens, including fentanyl" and the use of the International Emergency Economic Powers Act to enact the tariffs.

Read more from Quartz.

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