Canada, Mexico hit back at Trump tariffs, China vows action
- Posted on February 2, 2025
- By Business News Today
- 3 Views
Canada, Mexico hit back at Trump tariffs, China vows action
Canada and Mexico plan retaliatory tariffs after President Trump imposed 25% tariffs on their imports. Canadian Prime Minister Trudeau announced 25% tariffs on $106 billion of US goods, while Mexican President Sheinbaum also pledged retaliation. The trade war involves major economies, leading to potential global economic disruption and increased costs for US consumers.