Trump imposed tariffs on Mexico and Canada: Former US President Donald Trump has announced to put tariffs on Mexico and Canada and double the existing tariffs on imports from China. He said that this step has been taken to prevent drug trafficking in the US.
Tariffs will be applicable from March 4
Trump said Tariffs will be imposed on Mexico and Canada from March 4, while the existing 10% tariffs on imports from China will be doubled. He wrote on Truth Social that this step has been taken to protect America from damage.
Impact on global economy
Experts believe that this decision may increase instability in the global economy. Especially the prices of auto sector and consumer goods are expected to increase.
Criticism on usaid funding cuts
Several health groups and non-governmental organizations have expressed displeasure over the decision of the Trump administration to cut USAid funding. These organizations say that this decision will affect the lives of millions of people struggling with hunger and disease around the world.
Human programs will be closed
NGO Group Internation said that this decision will hung women and children, food kept in warehouses will rot and many families will be victims of hunger.