In response to President Trump’s new import taxes, Canada and Mexico have initiated retaliatory tariffs, exacerbating tensions among the three countries. Canadian Prime Minister Justin Trudeau introduced a substantial 25 percent tax on $85.9 billion worth of US goods. With a strategic rollout, the first wave of tariffs targets around $16.6 billion that includes American alcohol and fruit. The measures indicate Canada and Mexico's intention to defend their trade interests aggressively while addressing the challenges posed by US trade policies.
Canadian Prime Minister Justin Trudeau announced a 25 per cent tax on £85.9bn worth of US goods, emphasizing the need to respond firmly to Trump's tariffs.
The first wave of Canadian tariffs, impacting £16.6bn of American alcohol and fruit imports, highlights the growing rift between Canada and the US.
With energy imports facing a 10 percent levy, Canada’s retaliation reflects broader economic and political tensions stemming from US trade policies that impact its allies.
As tensions escalate, both Canada and Mexico are taking steps to protect their economies, demonstrating a commitment to countering unilateral trade actions by the US.
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