Trump Imposes Tariffs on Agricultural Goods, Canada, Mexico, and China Starting April 2nd

President Trump announced tariffs on agricultural products entering the U.S., effective April 2nd. He urged U.S. farmers to increase domestic production. Separately, Trump confirmed 25% tariffs on goods from Canada and Mexico, starting Tuesday. He stated there's no negotiation margin for these tariffs. Additionally, a 10% tariff increase on Chinese imports, totaling 20%, will also take effect Tuesday. Trump cited fentanyl trafficking as justification. Economists warn of potential economic fallout, including rising prices and retaliatory tariffs from other countries. Trump views tariffs as a tool to bolster American manufacturing and generate revenue.