Canada, Mexico Hit Back at Trump Tariffs, China Vows Action (1)

Feb. 2, 2025, 11:20 AM UTC

Canada and Mexico vowed to hit back at the US after President Donald Trump followed through on threats to impose 25% tariffs on imports of their goods, instigating a trade war that’s set to reshape global supply chains.

Canadian Prime Minister Justin Trudeau said the country will impose 25% tariffs against C$155 billion ($106 billion) of US goods, while Mexican President Claudia Sheinbaum also pledged retaliation. China vowed “corresponding countermeasures” to Trump’s 10% levy on Chinese products, without immediately announcing any new tariffs.

A tit-for-tat tariff fight among the world’s major economies — Trump has warned Europe that it’s in ...

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