<h1>Trump Imposes Tariffs on Canada, Mexico, and China to Combat Fentanyl Smuggling and Boost US Manufacturing</h1> US President Donald Trump has imposed significant tariffs on imports from Canada, Mexico, and China, aiming to address fentanyl smuggling and promote domestic manufacturing. The tariffs include a 25% duty on imports from Canada and Mexico, excluding Canadian oil, and a 10% duty on Chinese imports. This move aligns with Trump's protectionist economic policies and could potentially increase consumer prices and inflation. Trump suggests tariffs as a revenue source, reminiscent of pre-1913 economic strategies. Financial markets reacted negatively, with the S&P 500 declining. The tariffs may be temporary if agreements on immigration and smuggling are reached.