Could the US pay a higher price for putting ‘America first’?

The image shows a container ship with boxes of imports from various countries generated using AI for illustrative purposes

Source: Image created with AI/DALL·E for illustrative purposes

US port industry leaders are warning of higher costs and supply chain slowdowns if President Trump’s new tariffs continue to threaten global trade flows.

The Trump Administration has announced sweeping new export tariffs, imposing a 25% levy on Canadian and Mexican imports and a 10% tax on Chinese goods, including a lower 10% rate on Canadian energy.

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