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Trump tariffs a 'lose-lose' policy, Hong Kong investment analyst says as Asian shares fall
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As US tariffs take effect, AP explains what tariffs are and how they work

Starting just past midnight, imports from Canada and Mexico are now to be taxed at 25%, with Canadian energy products subject to 10% import duties. The 10% tariff that Trump placed on Chinese imports in February was doubled to 20%, and Beijing retaliated Tuesday with tariffs of up to 15% on a wide array of U.S. farm exports. It also expanded the number of U.S. companies subject to export controls and other restrictions by about two dozen. 
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Source name: 
The Associated Press
Unique identifier: CP174256264 
Legacy Identifier: b4eac5b811bd43e3a74c59d759374c79 
Type: Video 
Duration: 1m47s 
Dimensions: 1920px × 1080px     131.30 MB 
Usage rights: Digital platform use only. Broadcast rights and editing of content prohibited. 
Create Date: 3/4/2025 12:54:53 PM 
Display aspect ratio: 16:9