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Canada retaliates against Trump with 25% tariffs on US imports, Mexico notifies on Sunday

2025-03-04 17:27:10Kosova&Bota SHKRUAR NGA REDAKSIA VOX
Canada retaliates against Trump with 25% tariffs on US imports, Mexico notifies
Canadian Prime Minister Justin Trudeau

Canada has responded to tariffs imposed by US President Donald Trump with the same currency.

Canadian Prime Minister Justin Trudeau today announced a 25% tax on $30 billion worth of US imports, effective immediately.

Tariffs on another $125 billion in US goods will take effect within 21 days, he added.

Mexico's president said retaliatory tariffs against the US would be announced on Sunday.

At midnight, 25% tariffs on two of the US's neighbors, Canada and Mexico, went into effect. President Trump also imposed an additional 10% tariff on Chinese imports, doubling the 10% tax he had imposed on Beijing in early February.

Economists have warned that President Trump's aggressive moves could cause negative consequences globally, including fueling inflation that could hurt consumers.


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