文章预览
The world this week Business The flags of Mexico, Canada and the United States Donald Trump carried out his threat to impose tariffs of 25% on most goods imported to the United States from Canada and Mexico (he gave the car industry a one-month reprieve). The American president warned that he would soon also introduce “reciprocal tariffs” on any country with “unfair” trade imbalances. Canada’s prime minister, Justin Trudeau, said the tariffs were “a dumb thing” and imposed retaliatory levies on a range of American products, including peanut butter. GDP deflator Mr Trump says his tariffs policy will bring only “a little disturbance” to the American economy. Markets think otherwise. The S 500 and NASDAQ Composite fell sharply and are back to where they were when Mr Trump was elected, wiping out their gains since November. The Stoxx Europe 600 and German DAX also fell heavily. Various companies, including Target, warned that the tariffs would lead to higher costs and hu
………………………………