Canada and Mexico hit back after Trump signs order for punishing tariffs
Canada and Mexico hit back after Trump signs order for punishing tariffs
www.theguardian.com Canada and Mexico hit back after Trump signs order for punishing tariffs
Justin Trudeau, Canada’s prime minister, announces tit-for-tat 25% tariffs and warns of impeded access to ‘vital goods critical to US security’
Summary
Canada and Mexico announced retaliatory tariffs after Donald Trump imposed 25% tariffs on their exports, citing drug trafficking and immigration concerns.
Canadian Prime Minister Justin Trudeau unveiled phased tariffs on $107 billion in U.S. goods, including energy and minerals, warning of economic consequences.
Mexican President Claudia Sheinbaum vowed countermeasures but urged dialogue. China, also targeted, condemned the move as a WTO violation.
Economists warn of rising costs for American consumers.
