【Trump announces a 25% tariff on goods from Mexico and Canada】Golden Finance reports that on the 25th local time, U.S. President-elect Trump stated that he would impose a 25% tariff on all products entering the United States from Mexico and Canada. Additionally, Trump announced that there would be an extra 10% tariff on Chinese goods. In an interview last year, Trump suggested imposing a universal 10% tariff on all imported goods. A study by the National Retail Federation (NRF) in November indicated that if Trump's proposed new tariff plan is implemented, U.S. consumers could lose up to $78 billion in annual purchasing power. The study showed that these tariffs would affect consumer goods categories such as clothing, toys, furniture, appliances, footwear, and travel goods. (CCTV News)