Hong Kong CNN —
President-elect Donald Trump took to social media on Monday to promise massive hikes in tariffs on goods coming from Mexico, Canada and China starting on the first day of his second term. He had already vowed on the campaign trail to impose new tariffs on all imported goods, altering the relationship the United States has with its biggest trading partners, particularly in Asia, and potentially causing ripple effects on their economies.
Although the potential consequences are uncertain, the tariffs, which are a tax on goods that are imported, will likely hurt countries in
→ Continue reading at CNN - Business News
