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Canada, Mexico and China respond to Trump’s tariffs

Canadian, Mexican and Chinese flags.

Norfuto Norfuto Gety pictures

US President Donald Trump Saturday’s long threatening imposition Customs tariffs on imports from Canada, Mexico and China – It didn’t take long to respond to the countries.

Trump has signed a 25 % slapping on goods from Mexico and Canada, and a duty of 10 % on Chinese imports, scheduled to start on Tuesday. Canada’s energy resources face a 10 % less tariff in order to “reduce any sabotage effects that we may enjoy on gasoline oil and home warm prices,” according to a senior management official.

In the executive, Trump said that if the two countries-three commercial partners in the United States-in the United States, may meet “an increase or expansion in the scope of” duties already imposed.

in After xTrump said that the duties were imposed “because of the great threat to illegal foreigners and the deadly drugs that kill our citizens, including fentanel.”

The United States is about $ 1.6 trillion of work every year with Canada, Mexico and China. Specifications are expected to be used as bargaining and ways to implement foreign policy changes – specifically with regard to immigration and drug trafficking issues – by the Trump administration.

The reaction of one of the three countries was fast and decisive, while others seemed to take more than the waiting and vision approach to Trump’s tariff. Here is a look at their responses.

Canada

Canadian Prime Minister Justin Trudeau slapped the 25 % revenge definitions, compared to $ 155 billion of American goods, shortly after the Trump tariff was announced.

The Prime Minister of Canada, Justin Trudeau, surrounds (from), Minister of Public Safety David McGaneti, Minister of Foreign Affairs Melanie Jolie and Minister of Finance and International Affairs Dominique Lieplank, speaks during a press conference on February 1, 2025.

Dave Chan AFP | Gety pictures

Mexico

Mexico also pledged revenge after the news, although it did not reveal details.

President Claudia Shinbom criticized the Trump tariff and said that she issued instructions to the Minister of Economy to “implement the plan B that we are working on, which includes customs and non -firearm tariff measures in defense of the interests of Mexico.”

Tim Claudia Shinbum, President of Mexico, talks about the policies of US President Donald Trump during a press conference at the National Palace, in Mexico City, Mexico, January 21, 2025.

Henry Romero Reuters

in Long function on xThe President added: “We categorically reject the White House defamation of the Mexico government claiming alliances with criminal organizations, as well as any intention to interfere in our lands.”

Read more CNBC tariff cover

“Mexico does not want to confront. We start from cooperation between neighboring countries,” she said in The Post, translated by NBC. “Mexico does not just want to reach the fentanel to the United States, but you don’t want to reach anywhere.”

She added: “We must work together in a comprehensive way, but always in light of the principles of joint responsibility, mutual trust, cooperation, and above all, respect for sovereignty, which is coordination, yes; dependency, no.”

China

Chinese exporters carry out strategies to adapt to Trump tariff threats

The fact that China has stopped Immediate escalation It raised hopes that there would be a space to avoid a comprehensive trade war between the two countries. Less than 10 % of the events imposed on Chinese goods may also be a relief due to the frequent threats of Trump on the campaign path to impose duties of 60 % or more on imports from the country.

In its statement, China pushed Trump’s comments about Fintanel, describing it as a “local issue”.

“China urges the United States to follow an objective and rational approach to its local issues, including fentanel, rather than resorting to tariff threats against other countries,” she said.

Artificial opioid fentianil is a drug that causes addiction that causes several thousand deaths every year in the United States. The chemicals needed to make the drug mostly in China and Mexico are produced. Washing Washington and Beijing in the past on cooperation About this issue.

World Trade War

“It was just a blow to the first thing that could become a very devastating global trade war.”.

He said that he expected to target the imports of the European Union in the next two months, with global tariff expectations – that Trump supervises the campaign path – in April.

The economic impact will be important to all the countries concerned, according to Ashurth.

“Since exports to the United States account for about 20 % of its gross domestic product, today’s tariff may flood both Canadian and Mexican economies in the recession later this year,” he wrote.

“The resulting increase in inflation in the United States of these definitions and other future measures will come faster and be greater than we expected in the beginning.”

– This report contributed to this report.

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2025-02-02 13:25:00

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