The US president will tax imports from America's three largest trading partners. Both Canada and Mexico plan retaliatory tariffs.

Summary

Donald Trump imposed 25% tariffs on imports from Canada and Mexico and 10% on China, citing drug trafficking and immigration concerns.

Canada and Mexico announced retaliatory tariffs, with Canada targeting $155 billion in U.S. goods and Mexico planning 25% tariffs on American products.

Economists warn the tariffs could raise consumer prices, especially in the auto, food, and housing sectors. China condemned the move and plans to file a WTO lawsuit.

Analysts suggest Trump may adjust the tariffs based on political and economic pressures.

  • @JeeBaiChow
    6•6 days ago

    Like an idiot bully, he didn’t expect them to fight back.

    • @[email protected]
      7•6 days ago

      I don’t know why he wouldnt. We did the same thing last time. I think this round will get worse. There won’t be a free trade deal at the end of it, I think that era is gone. I think Canada and Mexico will have to take further measures eventually, moving away from American IP agreements and doing it in such a way that it forms a model for other countries that are hit with US tariffs .

    • sj_zero
      -1•5 days ago

      I’d argue the opposite.

      Canada’s Liberals are bullies. Massive bullies. They bully their own MPs and ministers, they bully their own people, and when they felt like they could get away with it they bullied the US president. And they spent 10 years spitting on the retarded kid in charge of the United States, And now they’re shocked that the retarded kid is fighting back.

      We’d be in a totally different scenario if we had a leader like Chretien in charge, he dealt with the bully George W. Bush by being wily and clever, not by trying to out-bully the bully. But that’s not how der fuhrer Trudeau functions. He only has one mode, and it doesn’t work when he’s not the most powerful person in the room. His little toadies only know the same language by the way. Freeland is claiming she should be the next party leader because Trump is afraid of her. No, he isn’t. He just doesn’t like you because you’re a jerk.

      Trump isn’t like a native justice minister, Trudeau can’t just kick him out of the party for not doing as he’s told. He can’t tell Trump to sit down and shut up like he did his first secretary. He can’t demote Trump like he did to Freeland when she didn’t go along with his vote buying scheme late last year. When he’s not able to do that, the pathetic nature of his one note bullying becomes clear.