Donald Trump has imposed steep tariffs on imports from Mexico, Canada and China. With businesses and consumers bracing for higher costs, economists warn of inflationary pressures and potential trade wars. While Trump insists tariffs will bolster US manufacturing, retaliatory measures from affected nations could disrupt global supply chains and economic stability read more US President Donald Trump looks on as he signs an executive order in the Oval Office at the White House in Washington, US, January 31, 2025. File Image/Reuters United States President Donald Trump has introduced sweeping tariffs on imports from Canada, Mexico, and China, escalating trade tensions…