The Trump administration has imposed 25% tariffs on Mexico and Canada, as well as increased tariffs on China. In response, these countries are implementing retaliatory tariffs. Additionally, the administration has suspended military aid to Ukraine.
Key Points
Imposition of 25% tariffs on Mexico and Canada by the Trump administration
Increase in tariffs on China from 10 to 20 percent
Retaliatory tariffs from Canada, China, and the promise of the same from Mexico
Suspension of military aid to Ukraine by the Trump administration