Retaliatory Tariffs Announced
In direct response to Trump’s executive order, both Canada and Mexico announced counter-tariffs on Saturday evening.
Canada will impose 25 percent tariffs on CA $155 billion worth of U.S. goods.
Trudeau warned: “It will have real consequences for you, the American people.”
During a speech on Saturday, he further criticized the U.S. administration’s actions, saying: “The actions taken by the White House split us apart instead of bringing us together.”
Sheinbaum also took swift action, revealing in a Twitter post that she had instructed her economic minister to implement measures to protect Mexico’s interests.
“We categorically reject the White House’s slander that the Mexican government has alliances with criminal organizations, as well as any intention of meddling in our territory,” the Mexican president stated.
“If the United States government and its agencies wanted to address the serious fentanyl consumption in their country, they could fight the sale of drugs on the streets of their major cities, which they don’t do, and the laundering of money that this illegal activity generates that has done so much harm to its population.”
The escalating trade tensions signal a rocky road ahead as Canada, Mexico, and China push back against the new U.S. tariffs.
