Canada, Mexico announce retaliatory tariffs towards U.S.

The flags of Mexico, america and Canada fly in Ciudad Juarez, Mexico on February 1, 2025.
| Photograph Credit score: Reuters

Canada joined Mexico in saying retaliatory tariffs towards america, after the U.S. slapped across-the-board duties on items coming from Mexico.

Mexican President Claudia Sheinbaum mentioned on Saturday (February 1, 2025) she ordered her Financial system Minister to implement tariff and non-tariff measures to defend her nation’s pursuits. In the meantime Prime Minister Justin Trudeau mentioned Canada will retaliate towards President Donald Trump’s new tariffs by imposing 25% tariffs U.S. items from drinks to home equipment

In a prolonged put up on X, Ms. Sheinbaum pressured her authorities doesn’t search confrontation with its northern neighbor however collaboration and dialogue.

The leftist chief, who has repeatedly sought to calm tensions with U.S. President Donald Trump, touted her authorities’s document since she took workplace in October, seizing 20 million doses of lethal artificial opioid fentanyl, along with detaining over 10,0000 people tied to drug trafficking.

Trump mentioned the tariffs towards Mexico have been as a result of nation’s failure to cease fentanyl stepping into america in addition to what he describes as uncontrolled migration.

Coming weeks could possibly be troublesome for Canada: Trudeau

As relations between the long-time allies who share the world’s longest land border attain a brand new low, Trudeau instructed a information convention he was slapping tariffs on C$155 billion ($107 billion) of U.S. items. These on C$30 billion will take impact on Tuesday, the identical day as Trump’s tariffs, and duties on the remaining C$125 billion in 21 days, he mentioned.

Mr. Trudeau warned the approaching weeks could be troublesome for Canadians and that Trump’s tariffs would additionally harm Individuals.

Addressing Individuals, he mentioned: “They’ll elevate prices for you, together with meals on the grocery retailer, gasoline on the pump. They’ll impede your entry to an inexpensive provide of significant items.”

The Canadian chief mentioned tariffs would come with American beer, wine and bourbon, in addition to fruits and fruit juices, together with orange juice from Trump’s dwelling state of Florida. Canada would additionally goal items together with clothes, sports activities gear and family home equipment.

Canada is contemplating non-tariff measures, doubtlessly referring to essential minerals, vitality procurement and different partnerships, Trudeau mentioned.

Trudeau inspired Canadians to purchase Canadian merchandise and trip at dwelling somewhat than within the U.S. “We didn’t ask for this however we won’t again down,” Mr. Trudeau mentioned.