On the 25th local time, the US President-elect Trump announced that a 25% tariff will be imposed on all products entering the US from Mexico and Canada. In addition, Trump also announced an additional 10% tariff on Chinese commodities. Trump proposed a universal 10% tariff on all imported commodities in an interview last year. In November of this year, a study by the National Retail Federation (NFR) in the USA pointed out that if Trump's new tariff plan is implemented, American consumers' annual purchasing power could lose up to $78 billion. The study suggests that these tariffs will affect consumer categories such as outfits, toys, furniture, appliances, footwear, and travel goods.CCTV News）