Editorial

17:40 JST, February 3, 2025

U.S. President Donald Trump has decided to implement his high-tariff policy and opened the door to trade wars. This is a grave situation that will damage the world economy and the international order. Ways to resolve the situation should be sought quickly.

Trump on Saturday signed an executive order imposing 25% tariffs on all imports from Canada and Mexico and a 10% additional tariff on goods from China. The order comes into effect on Tuesday. He limited tariffs on Canadian crude oil and other imports to 10% to contain price surges in the United States.

Trump, who has called himself “Tariff Man,” has finally delivered his high-tariff policy.

The tariffs are being enacted under the International Emergency Economic Powers Act (IEEPA), and Trump has declared a........

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