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Trump’s Latest Tariffs on Canada, Mexico and China Could Be His Biggest Gamble

President Trump made one of the biggest gambles of his presidency Tuesday by initiating sweeping tariffs with no clear rationale on imports from Canada, Mexico, and China, triggering a trade war that risks undermining the United States economy. His actions have upended diplomatic relations with America’s largest trading partners, sent markets tumbling, and provoked retaliation on US products, leaving businesses, investors, and economists puzzled as to why Mr. Trump would create such upheaval without extended negotiations or clear reasoning.

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