U.S. President Donald Trump on Saturday imposed long-anticipated tariffs on imports from Canada, Mexico, and China. Citing immigration and drug-related concerns, Trump justified the measures as necessary to protect U.S. citizens. Canada announced reciprocal tariffs, Mexico indicated plans for countermeasures, and China filed a WTO lawsuit while promising further action. The European Union also signaled readiness to respond if targeted.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02U.S. President Donald Trump on Saturday imposed long-anticipated tariffs
00:06on imports from Canada, Mexico, and China, citing immigration and drug-related concerns.
00:12Trump justified the measures as necessary to protect U.S. citizens.
00:16Canada announced reciprocal tariffs, Mexico indicated plans for countermeasures,
00:20and China filed a WTO lawsuit while promising further action.
00:25The European Union also signaled readiness to respond if targeted.