Article 6V7SB Canada and Mexico tariffs risk inflating US housing crisis, Trump is warned

Canada and Mexico tariffs risk inflating US housing crisis, Trump is warned

by
Callum Jones in New York
from World news | The Guardian on (#6V7SB)

Exclusive: Dozens of congressional Democrats urge president to reconsider threatened import duties on US's two largest trading partners

Pressing ahead with steep tariffs on Canada and Mexico risks exacerbating the US housing crisis and threatening the broader economy, dozens of congressional Democrats have warned Donald Trump.

The US president, after threatening to hit imports from the US's two biggest trading partners with a 25% tax, is weighing how to proceed after approving a one-month delay.

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