Good morning. Donald Trump makes good on his tariff threats. Indonesia may institute a social media age limit. And Dubai is luring the ultra rich with even more luxurious homes. Listen to the day’s top stories.
Donald Trump is following through with his tariff plans. The president landed the first blow in a trade dispute, setting levies of 25% on most goods from Canada and Mexico, and 10% on China and Canadian energy starting Tuesday. Canadian Prime Minister Justin Trudeau’s government plans retaliatory tariffs in two stages, while Mexican President Claudia Sheinbaum plans to unveil details Monday. Chinese President Xi Jinping threatened World Trade Organization action. Here’s what Trump aims to achieve.