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Trump says Canada, Mexico tariffs to take effect on Tuesday

 Published: 10:30, 4 March 2025

Trump says Canada, Mexico tariffs to take effect on Tuesday

US President Donald Trump said on Monday that 25% tariffs on goods from Mexico and Canada will take effect on Tuesday, stoking fears of a trade war in North America and sending financial markets reeling.

Trump's comments sent US stocks down sharply in late afternoon trading. The Mexican peso and Canadian dollar both fell following his remarks.

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