Find the current affairs of 5 February 2025. Stay updated with the most important news and events that have occurred on this day. Our daily current affairs updates are carefully curated by GK and Current Affairs experts, ensuring that you receive accurate and relevant information to enhance your competitive exam preparation.
Each update is designed to provide you with a comprehensive overview of the day’s key happenings, including political developments, economic news, technological advancements, and significant social events.
Additionally, we offer a free PDF download of the day’s current affairs, allowing you to easily access and revise the information offline.
Highlights of 5 February 2025 Current Affairs
- Trump imposed tariffs of 10% on all Chinese imports and 25% on Canadian and Mexican imports.
- Energy imports from Canada, including oil and natural gas, face a 10% tariff.
- Tariffs aim to curb illegal immigration and fentanyl exports but triggered swift retaliation.
- Canada imposed 25% tariffs on $155 billion worth of US imports, including alcohol and fruit.
- Mexico’s President rejected Trump’s claims and announced retaliatory tariffs.
- Tariffs could worsen inflation, increasing grocery, auto, and housing costs.
- Protectionist policies may escalate economic conflicts with major global economies.
- Despite claims, tariffs showed no substantial job growth in protected industries.
- China faces pressure to respond without triggering a global trade war.
- Indian exporters see an opportunity to gain market share as US tariffs raise Chinese goods’ prices.
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