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.

      • ℍ𝕂-𝟞𝟝
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        fedilink
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        125 hours ago

        Remember when Biden was doing all he could to keep things in one piece while all the newspapers were trying to doom and gloom us into a recession just after the Great Resignation?

        • Obinice
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          23 hours ago
          1. War is good for business!
    • @TingoTenga
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      67 hours ago

      The Great 1929 Recession boosted conservatives.