Canadian, Mexican and Chinese Flags.
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Us President Donald Trump on saturday imposed long-threatened Tariffs on Imports from Canada, Mexico and China – And it didn’T take long for the counts to respond.
Trump Signed an order Slapping 25% tariffs on Goods from Mexico and Canada, and a 10% duty on chinese importants, due to start on tuesday. Energy Resources from Canada face a lower, 10% tariff to “minimize any disruptive effects we might have on gasoline and home heating oil prices,” According to ANEORDING to ANEORDINCATION OI
In the Executive Order, Trump said that if the countries-the us’s three-largest trading partners-Retaliate, it could be met with an “Increase or expand in scope” of the duties alarady.
In a Post on xTrump said the duties had been imposed “because of the Major Threat of Illegal Alians and deadly Drugs Killing Our Citizens, Including Fentanyl.”
The us does about $ 1.6 Trillion in Business Each Year With Canada, Mexico and China. The tariffs are expected to be used as both bargaining chips and methods to Effect Foreign Policy Changes – Specifically Regarding Immigration and Drug Trade Issues – By the TRMP Admons.
Reaction from one of the three countries was Swift and Decisive, while the others appeared to take more of a wait-sand-look approach to trump’s tariffs. Here is a look at their responses.
Canada
Canadian Prime Minister Justin Trudeau Slapped RetaliaTory tariffs of 25% Against $ 155 Billion of Us Goods only after the Trump Tariffs Were Announced.
Canada’s prime minister justin trudeau speakes, flainked by (from l) minister of public safety david mcguinty, minister of foreign affairs melanie and minister of frannament RS Dominic Leblanc, during a news conference Feb. 1, 2025.
Dave Chan | AFP | Getty Images
He Said Duties on $ 30 Billion Worth of Us Goods will be imposed on tuesday, with tarifs on a further $ 125 billion Worth of products are due to be into 21 days, “To allloon Ains to seek to find alternatives. “
“Like the american tariffs, our response will also be far-resolution and include EveryDay Items Perfume, Clothing and Shoes, “Trudeau said in A press conference on Saturday evening. “It’ll Include Major Consumer Products LIKE HUMEHOLD APPLIANECES, Furniture and Sports Equipment, and Materials Like Lumber and Plastic, Along with MUCH, MUCH, Much More.
Addressing american citizens directly, trudeau added: “This is a choice that, yes, will harm canadians, but beyond that, it will have real consultations for you, the american people.”
Retaliatory tariffs are expected to further exacerbate price hikes in both the us and elsewhere. The price of everything from cars and electronics to toys and food is expected to be impacted,
Trudeau added that “it doesn’t have to be this way.”
“Yes, we’ve had our differentces in the past, but we’ve always found a way to get past past them. Better path is to partner with canada, not to punish us, “He said.
Mexico
Mexico also vowed retaliation following the news, although did not rev specification.
President Claudia Sheinbaum Slammed Trump’s Tarifs and Said She Had Instructed The Secret of the Economy to “Implement the plan B We have been working on, Which Includes Tarif and Non se of mexico’s interests. “
Mexico’s President Claudia Sheinbaum Gestures as She Speaks About Us President Donald Trump’s Policies during a press conference at the National Palace, In Mexico City, Mexico, Mexico, 2025.
Henry Romero | Reuters
In a long post on xThe President Added: “We categorically reject the white house’s Slander of the Government of Mexico Alleging Alliances with Criminal Organizations, As Well as Any Intection to Interfere in OR TERRITORY.”
“Mexico does not want confondon. “Mexico not only does not want fentanyl to reach the united states, it does not want it to reach anywahere.”
“We Must Work Togeether in a Comprehensive Manner, But Always under the Principles of Shared Responsibility, Mutual Trust, Collaboration and Above All, Respect for Sovereignty, which is a non-engaged. , Yes; SUBORDINATION, “She Added.
China
China said it would file a lawsuit with the world trade organization in response to the duties, and “take Necessary Countermeasures.”
“The Us’s Unilateral Tarif Hike Seriously Violates Wto Rules, Does Nothing to Resolve its its more Id in a statement Sunday, according to an NBC Translation.
“In response to this wrong action, China will file a lawsuit with the wto and take Necessary countermeasures to fly firmly safeguard its rights and interests.” China has complained to the wto over tarifs beffore, Notably Regarding the Eu’s tariffs on Chinese EVS Last year.
The fact that China stopped short of Immediat Escalation Has raised hopes that there could be some room to avoid an all-out trade war between the two counts. The Lower, 10% -Tariffs Imposed on Chinese-Made Goods May also be a relief given repEled Threats Made by Trump on the Campaign Trail to Impose Duties of 60% OOR more on important.
In its statement, China pushed back on trump’s comments about fentanyl, describing it as a “domestic isue.”
“China Urges the US to take an objective and rational approach to its domestic issues, include fentanyl, raather than resourging to tariff threats against poses and counters,” It Said.
Synthetic opioid fentanyl is an addictive drug that causes many thousands of overdose deaths myths in the us the chemicals needed to make the drug are Mostly Produced in China and Mexico. Washington and beijing had previously agreed to cooperate on the issue.
‘Global Trade War
In a note on Sunday, paul ashworth, capital economics’ Chief North America Economist, said the tarifs was “just the first strike in whatlock dues a very destructive global trade War.”
He said he expects european union important to be targeted in the next couple of months, with universal tarifs – much herolded by trump on the Campaign Trail – Expected in April.
The economic impact will be significant for all countries involved, according to Ashworth.
“Since Exports to the US Account for Around 20% of their GDP, TODAYI TARIFS COULDS COLUDS BOTH BOTH BOTH BOTH BOTH BOTH BOTH BOTH BOTH BOTH BOTH THE RECADIAN Economies INTO RECESSTEN LATORE LATORE,” He Wrote.
“The resulting surge in us inflation from these tarifs and other futures measures is going to come even faster and bear larger than we initially expected.”
– CNBC’s Tanaya Machel, Kevin Breunninger and Jeff Cox Contributed to this Report.
