President Donald Trump’s long-threatened tariffs against Canada and Mexico went into effect Tuesday, putting global markets on edge and setting up costly retaliations by the United States’ North American allies.
Starting just past midnight, imports from Canada and Mexico are now to be taxed at 25%, with Canadian energy products subject to 10% import duties.
The 10% tariff that Trump placed on Chinese imports in February was doubled to 20%, and Beijing retaliated Tuesday with tariffs of up to 15% on a wide array of U.S. farm exports. It also expanded the number of U.S. companies subject to export controls and other restrictions by about two dozen.
Canadian Prime Minister Justin Trudeau said his country would slap tariffs on more than $100 billion of American goods over the course of 21 days. Mexico didn’t immediately detail any retaliatory measures.
Read Full Article Here
US tariffs on Canada and Mexico take effect, China Mexico and Canada retaliate
- by: JOSH BOAK, PAUL WISEMAN and ROB GILLIES
- 03.04.25
- Source:
AP News
- 03/04/2025
President Trump Meets with the Prime Minister of Canada by is licensed under flickr
President Trump Meets with the Prime Minister of Canada by is licensed under flickr
Follow us
Read our latest news on any of these social networks!
Get latest news delivered daily!
We will send you breaking news right to your inbox
Have a tip? Let us know!
Recent Articles
- by: Kevin Breuninger
- Source:
CNBC
- 06/05/2025
Musk whips opposition to Trump tax plan: ‘KILL the BILL’
Elon Musk ramped up his attacks against the massive tax-cut bill President Donald Trump is pushing Congress to pass.
- by: Joshua Wilburn
- Source:
ok magazine
- 06/05/2025
Donald Trump Declares Joe Biden's Autopen Usage the 'Biggest Political Scandal' in American History
When most Americans were sleeping, President Donald Trump took to Truth Social to unleash a fiery tirade against his political predecessor.
- by: Emma Tucker
- Source:
CNN
- 06/05/2025
US Education Department threatens Columbia University’s accreditation over campus antisemitism concerns
The Trump administration has escalated its fight with Columbia University, declaring the school doesn’t meet accreditation standards because of its failure to protect Jewish students.
- by: Gabe Cohen
- Source:
CNN
- 06/04/2025
FEMA head told staff he was previously unaware US has a hurricane season
Staff at the Federal Emergency Management Agency were caught off-guard and left bewildered when the disaster relief agency’s new acting head David Richardson told personnel that he was previously unaware the United States has a hurricane season, which started Sunday.