U.S. Tariffs on Canada, Mexico

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tariffs

CNBC

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Business

Business & Economics

CNBC Daily Open: Trump clashes on foreign policy, wields economic threat

Summary

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84% Informative

Warren Buffett describes tariffs as "a tax on goods" and "an act of war, to some degree" U.S. Treasury Secretary Scott Bessent urges Canada to follow suit on China tariffs.

China 's factory activity in February expanded at its fastest pace in three months , Caixin/S&P Global index.

The U.S. has aimed tariffs at neighbors, lambasted traditional allies in Europe and taken a pro-Russian stance toward Ukraine in an about-face from the previous administration.

Asian allies should also consider that a diminished military footprint could make the logistics of security pledges in Asia more difficult.

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Article tone

formal

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English

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not offensive

Hate speech