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Trump-imposed tariffs to begin Tuesday as Mexico, Canada announce retaliatory response

President Trump declared a 25% tariff on imported goods from Mexico and Canada and a 10% tariff on Chinese imports. Initiatives aim to tackle illegal drug trafficking and will commence on February 4, following a delay.

Mexican President Claudia Sheinbaum and Canadian Prime Minister Justin Trudeau are preparing counter-tariffs, particularly affecting energy exports, raising concerns over Bitcoin mining costs linked to energy prices.

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