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Fortune
Fortune
Jason Ma

Trump slaps tariffs on top US trade partners—with risk of hikes if there's retaliation—and there will be no exemptions

(Credit: Chip Somodevilla—Getty Images)
  • The Trump administration initiated long-awaited tariffs on top US trading partners Saturday. Mexico faces a 25% tariff, China 10%, and Canada 25%, but Canadian energy imports will see a lower duty of just 10%.

President Donald Trump signed executive orders on Saturday imposing his long-awaited tariffs on America's top trading partners.

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