Trade war escalates as U.S., Canada and China impose new tariffs

Trade war escalates as U.S., Canada and China impose new tariffs

Trade war escalates as U.S., Canada and China impose new tariffs – CBS News

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President Trump’s 25% tariffs on Canadian and Mexican goods took effect overnight, prompting Canada to retaliate with its own tariffs. Meanwhile, Trump doubled tariffs on Chinese imports to 20%, leading China to hit back with new tariffs on U.S. goods. Anna Coren reports on the latest developments.

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