Trump's tariffs on imports from Mexico, Canada and China take effect - tensions are rising

Nine carine of the 25 percent who is the US president Donald tramp imposed on imports of goods from Mexico and Canada took effect this morning, along with a doubling of tariffs on Chinese goods to a level of 20 percent, leading to new tensions with the US with its three largest trading partners.

The tariffs, which could threaten nearly $2.200 trillion in annual US two-way trade, were launched at midnight Washington time, hours after Trump said the three countries had not done enough to stop the flow of the deadly narcotic fentanyl.

Canada and Mexico, which have enjoyed virtually duty-free trade status with the US for three decades, announced their readiness to immediately retaliate against their longtime ally.

Source: Tanjug