Who do tariffs affect? How do they work? Trump’s tariffs explained in charts

Who do tariffs affect? How do they work? Trump’s tariffs explained in charts

The tariffs on imports from China implemented by Donald Trump on Saturday came into effect on Tuesday. Those on Canada and Mexico were suspended for a month after a last-minute agreement. The measure threatens the three countries with which the United States trades the most, and forms the basis of the president’s economic policy despite the fact that these levies have for years been considered obsolete and counterproductive for national economies and the global free trade market.

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