Financial markets reel as Trump tariffs come into effect | Business Live with Darren McCaffrey

Financial markets reel as Trump tariffs come into effect | Business Live with Darren McCaffrey

Donald Trump’s 25% tolls on products from Mexico and Canada have actually come right into effect.

The US head of state confirmed the tolls in a speech at the White House – and his announcement sent out US stocks down sharply.

The tariffs will certainly be felt heavily by US business which have factories in Canada and Mexico, such as carmakers.

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