President Donald Trump launched a trade war Tuesday against America’s three biggest trading partners, drawing immediate retaliation from Mexico, Canada and China.
Retaliatory measures have been announced by America's largest trading partners following Trump's tariffs on Canada, Mexico and China
President Donald Trump launched a trade war Tuesday against America’s three biggest trading partners, drawing immediate retaliation from Mexico, Canada and China. Read more:
President Trump's tariffs on Canada, Mexico and China took effect Tuesday, leading Canadian Prime Minister Trudeau to announce an immediate 25% levy on $30 billion worth of U.S. imports.
Canadian and Chinese officials say they were already helping reduce fentanyl smuggling. Prime Minister Justin Trudeau said fentanyl crossing the northern border is "near zero."
President Trump has accused Justin Trudeau of using the drama over tariffs to “stay in power,” following an explosive phone call with the Canadian prime minister as the war of words between Washington and Ottawa heated up on Wednesday.
Prime Minister Justin Trudeau of Canada warned that the Trump administration’s tariffs were leading to a trade war. Mexico’s leader vowed to impose countermeasures on Sunday.
Trump imposed tariffs against Washington’s three biggest trading partners, drawing immediate retaliation from Mexico, Canada and China and sending financial markets into a tailspin. Just after midnight, Trump put 25% taxes, or tariffs, on Mexican and Canadian imports, though he limited the levy to 10% on Canadian energy.
Trump warned that the U.S. will impose immediate reciprocal tariffs on Canada if Trudeau enacts retaliatory levies on American imports
Canada and China swiftly announced retaliatory tariffs against the U.S. on Tuesday, shortly after long-threatened levies by the Trump administration on those countries and Mexico took effect.
Canadian and Chinese officials say they were already helping reduce fentanyl smuggling. Prime Minister Justin Trudeau said fentanyl crossing the northern border is "near zero."