Trump tariff talk spurs global jitters, preparations

By Agence France-Presse

Nov 28, 2024 2:47 pm

WASHINGTON, D.C. — Donald Trump's tariff threats have rattled foreign businesses and governments, with many fearing it could signal the opening salvo of an all-out trade war when he returns to the White House next year.

The president-elect on Monday placed both allies and rivals on notice, vowing to quickly slap an across-the-board tariff of 25 percent on Canada and Mexico, and add a 10 percent tariff on China.

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