New U.S. tariffs of 25% on Canadian and Mexican goods kicked off this week, sparking heated debates over their global impact. 🛑 President Donald Trump framed the move as a push to boost domestic manufacturing, saying: \"They’ll have to build their car plants… in the United States.\" But Canadians aren’t buying it —literally or figuratively.
Why Tariffs Could Backfire
CGTN spoke to locals in Canada, where residents argued the policy might hurt both sides of the border. One interviewee put it bluntly: \"American people will pay the price.\" 🌾🚗 The logic? Higher costs for U.S. importers could trickle down to consumers, while Canadian producers adapt by seeking new markets.
What’s Next?
The move adds strain to the revised USMCA trade pact, with experts warning of ripple effects on jobs and prices. Could this escalate into a full-blown trade war? Stay tuned. 🔍
🇨🇦 Key Takeaway: Hidden in the tariff drama is a lesson in globalization — when economies clash, everyone feels the pinch. 💸
