President Trump explained his reasoning for the new tariffs, saying the U.S. has "big deficits" because it keeps its trade partners in business, specifically Mexico and Canada. Economists have warned that tariffs could slow the global economy, raise the risk of recession, and increase living costs for the average U.S. family by thousands of dollars. #Trump #Tariffs #Trade #Economy #DonaldTrump #Reuters #News 👉 Subscribe: http://smarturl.it/reuterssubscribe Keep up with the latest news from