Financial Insights That Matter
President Donald Trump has confirmed plans to implement a 25% tariff on imports from Canada and Mexico, with the new policy set to take effect this Saturday, February 1. But what are the potential consequences of this sweeping trade strategy?
Yahoo Finance senior reporter Josh Schafer breaks it all down, exploring what tariffs are, their strategic purposes in global trade, and the potential wide-ranging impacts on the US economy.
To watch more expert insights and analysis on the latest market action, check out more Catalysts here.
This post was written by Angel Smith
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