President Trump has imposed a 25 percent tariff on imports from Canada and Mexico, reversing decades of economic partnership and raising concerns about the implications for North America.

U.S. stock futures rose as traders hope for a compromise on tariffs from the Trump administration, following recent market turbulence due to tariff impositions.

U.S. President Donald Trump has threatened to impose a 25% tariff on imports from the European Union, claiming the bloc was established to undermine the U.S. economy. During a Cabinet meeting, he criticized unfair trade practices and emphasized the need to address persistent trade deficits.

President Trump confirmed that tariffs on imports from Canada and Mexico will take effect on March 4, citing concerns over drug trafficking, particularly fentanyl from China.