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President Trump announced sweeping tariffs on goods imported from Mexico, Canada and China, sending shocks through the global supply chain and raising fears about consumer costs.
Financial markets could be upended Monday as investors gauge the potential start a trade war. Nvidia will not save the day.
The new tariffs on imports from all three nations ‒ which are on top of existing tariffs ‒ went into effect Saturday.
The new levies on America’s top trade partners could drive prices higher for cars, electronics, lumber and more, threatening to crimp an economy that the president has vowed to improve.