Okay, so Trump moved forward and imposed those levies – 25% – on items arriving from Canada and Mexico. And check this out, he increased the amount on the things from China! This all started on Tuesday, and you can be sure, Beijing and Ottawa weren’t just going to sit still and accept it. They’re already responding with their own counter moves. It’s a commerce conflict, clearly.
The Prime Minister of Canada, Justin Trudeau, declared that Ottawa will strike back at the United States through the imposition of a 25% levy on American products valued at $27 billion, which will commence this Tuesday. This action comes as a reaction to the latest American levies enforced on Canadian steel and aluminum. Toncoin (TON) Value Forecast for March 26th