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    Trump imposes universal tariffs on top US trading partners

    Written by Laura Miller


    President Trump has followed through on his tariff threats against Canada and Mexico. On Tuesday, he invoked the International Emergency Economic Powers Act (IEEPA), imposing a 25% universal tariff on America’s nearest neighbors and top trading partners.

    Trump first announced the sweeping tariffs in late January. Canada and Mexico negotiated to delay their early February implementation by a month.

    Laura Miller

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