Canada, Mexico and China slam Trump's tariffs
www.nbcnews.com
U.S. allies Canada and Mexico said that they would implement tariffs on the U.S., a move that signals further economic upheaval among the close trading partners.

Summary

Trump signed an executive order imposing 25% tariffs on Canadian and Mexican imports—excluding Canadian energy at 10%—plus additional duties on Chinese products.

In response, Prime Minister Justin Trudeau announced a 25% duty on $155 billion in U.S. goods, beginning with $30 billion in tariffs Tuesday.

Mexican President Claudia Sheinbaum indicated reciprocal tariffs, rejecting claims that Mexico tolerates criminal groups trafficking fentanyl and insisting on respect for sovereignty.

Experts warn these tit-for-tat measures could drive up costs, disrupt supply chains, and mirror the previous U.S.-China trade war, possibly harming security.

  • nova_ad_vitum@lemmy.caEnglish
    3·
    15 hours ago

    Bend over and take what? Trumps declarations have no effect on Canada.

    An amazing statement. Truly one of the statements of all time. American tariffs make Canadian exports to Canada less desirable, this very obviously affecting Canada, the sectors of the economy that create those goods, and the workers therin. I don’t even understand how you can type this. Literally just imagine the same sale of goods with and without a tariff.