On Saturday evening, Trump signed executive orders to impose tariffs on Mexico, Canada and China under the International Emergency Economic Powers Act (IEEPA), with a White House fact sheet claiming the move is meant to hold the US’ largest trading partners “accountable to their promises of halting illegal immigration and stopping poisonous fentanyl and other drugs from flowing into our country.” The orders put 25 percent additional tariffs on imports from Canada and Mexico, the one exception being that energy products from Canada will be subject to a 10 percent tariff. Imports from China will also face a 10 percent
→ Continue reading at Engadget
