President Trump's threat of tariffs against Mexico and Canada has been realized with the U.S. imposing a 25% tariff on nearly all goods imported from those two countries. An additional 10% tariff has also been added to the existing measures against China, bringing the tariffs against Beijing up to 20%. CBS News foreign correspondent Ramy Inocencio has more on how the world is reacting and the immediate impact of the measures.
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President Trump's threat of tariffs against Mexico and Canada has been realized with the U.S. imposing a 25% tariff on nearly all goods imported from those two countries. An additional 10% tariff has also been added to the existing measures against China, bringing the tariffs against Beijing up to 20%. CBS News foreign correspondent Ramy Inocencio has more on how the world is reacting and the immediate impact of the measures. CBS News 24/7 is the premier anchored streaming news service from CBS News and Stations that is available free to everyone with access to the internet and is the destination for breaking news, live events, original reporting and storytelling, and programs from CBS News and Stations' top anchors and correspondents working locally, nationally and around the globe. It is available on more than 30 platforms across mobile, desktop and connected TVs for free, as well as CBSNews.com and Paramount+ and live in 91 countries. Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews Watch CBS News 24/7: https://cbsnews.com/live/ Download the CBS News app: https://cbsnews.com/mobile/ Follow CBS News on Instagram: https://instagram.com/cbsnews/ Like CBS News on Facebook: https://facebook.com/cbsnews Follow CBS News on X: https://twitter.com/cbsnews Subscribe to our newsletters: https://cbsnews.com/newsletters/ Try Paramount+ free: https://paramountplus.com/?ftag=PPM-05-10aeh8h For video licensing inquiries, contact: licensing@veritone.com