Analyzing the 2025 U.S. Tariff Hikes on Canada, Mexico, and China: Impacts and Responses
Background and Policy Overview In 2025, the Trump administration introduced a new wave of tariff increases targeting Canada, Mexico, and China as part of its “America First” agenda. These measures primarily focus on critical sectors, including steel, aluminum, automotive parts, agricultural products, and consumer electronics. With tariff hikes exceeding 20% for certain products, the policy…