China USA Canada Mexico Europe Trade War Erupts - Joe Blogs

[TexasTowelie]

In this video I discuss the 20% on all Chinese Imports and 25% on all Canadian and Mexican imports that came into effect on 4th March 2025. These tariffs will increase the price of all of these imports into the USA and are likely to result in a rise in inflation. All 3 countries have stated that they will retaliate and apply tariffs against USA imports which will result in further inflation in those economies. Donald Trump has also stated that additional tariffs will be applied to the European Union and there is a real risk that this action will damage the Global Economy.

Chapters:
0:00 Intro
1:02 WHY?
3:03 IMPACT
5:19 USA IMPORTS
7:52 RETALIATION
9:14 USA EXPORTS
10:22 SUMMARY & CONCLUSION

[Phoenix61]

1. And local manufactures will raise their prices because they can. nt