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Canada, Mexico and China match Trump’s tariffs


Canadian, Mexican and Chinese flags.

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US President Donald Trump A long threatening was imposed on Saturday Imports of imports from Canada, Mexico and China – And it didn’t take long for the countries to respond.

Trump signed a command that hit 25% of tariffs on the goods from Mexico and Canada and 10% duties in Chinese imports, it should have started on Tuesday. Energy resources from Canada face a lower, 10% tariff to “reduce all disorders that we could have on gasoline and home heating prices,” said a higher administration official.

In the executive order, Trump said that if the countries-trio of the largest trade partners in the US may be fulfilled with a “increase or expansion of the scope” of already imposed duties.

In a Post on xTrump said duties were imposed “because of the great threat of illegal foreigners and deadly drugs, killing our citizens, including Fentanil.”

He now performs about $ 1.6 trillion business with Canada, Mexico and China every year. Tariffs are expected to also use the Tariffs as negotiating chips and methods for foreign policy action – especially regarding the problems of immigration and drug trafficking – by Trump’s administration.

The reaction of one of the three countries was fast and determined, while others seemed to have more approaches to waiting and watching Trump’s tariffs. Here are their answers.

Canada

Canadian Prime Minister Justin Trudeau struck a 25% ray of tariffs compared to 155 billion US goods shortly after Trump’s tariffs were announced.

He said that the duties of goods worth $ 30 billion on Tuesday will be imposed on Tuesday, and the tariffs on further $ 125 billion will be introduced in 21 days, “in order to allow Canadian companies and supply chains to seek alternatives.”

“Like US tariffs, our answer will also be far -reaching and including daily objects such as American beer, wine and bourbon, fruit and fruit juice, including orange juice, along with vegetables, perfume, clothing and shoes,” Trudeau said in press conference on Saturday night. “It will include the main consumer products such as household appliances, furniture and sports equipment, as well as materials like wood and plastic, along with a lot, much more.”

Canadian Prime Minister Justin Trudeau speaks, where he was in the environment (from L) of the Minister of Public Security David McGuinty, Foreign Minister Melanie Joly and Minister of Finance and Intergrene Affairs Dominic Leblanc, during a press conference on February 1, 2025.

Dave Chan | AFP | Getty Images

Speaking to American citizens directly, Trudeau added: “This is a choice that, yes, to harm the Canadians, but in addition, they will have real consequences for you, the American people.”

Tariff retaliation is expected to further exacerbate the price increase and in the USA elsewhere. Price of all, from cars and electronics to toys and food expected to influence.

Trudeau added that “it doesn’t have to be like this.”

“Yes, we have had our differences in the past, but we have always found a way to cross them. As I said before, if President Trump wants to introduce a new golden age for the United States, a better journey is a partnership with Canada and not punish us,” he said.

Mexico

Read multiple CNBC tariff coverage

“Mexico does not want a conflict. We start from the cooperation of neighboring countries,” she said in a post, translated by NBC. “Mexico not only does not want Fentanil to reach the United States, but he does not want to come anywhere.”

“We need to work together in a comprehensive way, but always under the principles of common responsibility, mutual trust, cooperation and above all, respect for sovereignty, which cannot be negotiated. Coordination, yes; subordination, not,” she added.

China

The fact that China has stopped short direct escalation She raised her hopes that there could be a space to avoid a comprehensive trade war between the two countries. Lower, 10% tariffs imposed on Chinese workmanship can be relieved given the repeated threats that Trump has directed on the trail of campaigns to impose duties of 60% or more on imports from the country.

In her statement, China pushed Trump’s comments about Fentanil, describing it as a “domestic question”.

“China now calls on to objectively and rationally approach its domestic questions, including Fentanil, instead of resorting to tariff threats to other countries,” it is said.

Synthetic opioid fentanil is an addictive drug that in the US every year causes many thousands of overdose deaths, chemicals needed to make the drug mostly produced in China and Mexico. Washington and Beijing have previously agreed to collaborate about that.

‘Global Trade War

Sunday, Paul Ashworth, the chief economist Capital Economics, said the tariffs “are only the first strike in what could become a very destructive global trade war.”

He said he expects the import of European Union to be targeted in the next few months, with universal tariffs – which Trump has announced a lot on the trace of the campaign – is expected in April.

The economic impact will be significant for all countries involved, according to Ashworth.

“Because exports to the United States make up about 20% of its GDP, today’s tariffs could immerse both Canadian and Mexican economics in a recession later this year,” he wrote.

“The resulting rise in American inflation from these tariffs and other measures of the future will come even faster and be greater than we initially expected.”

– Cnbc -ovi Tanaya Macheel, Kevin Breuninger and Jeff Cox contributed to this report.



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