this post was submitted on 02 Feb 2025
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Canada's Justin Trudeau announces retaliatory tariffs following Trump's executive order (www.nbcnews.com)
submitted 3 weeks ago by cyrano@lemmy.dbzer0.com to c/usa@midwest.social
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cross-posted from: https://lemmy.world/post/25012048

Summary

Trump signed an executive order imposing 25% tariffs on Canadian and Mexican imports—excluding Canadian energy at 10%—plus additional duties on Chinese products.

In response, Prime Minister Justin Trudeau announced a 25% duty on $155 billion in U.S. goods, beginning with $30 billion in tariffs Tuesday.

Mexican President Claudia Sheinbaum indicated reciprocal tariffs, rejecting claims that Mexico tolerates criminal groups trafficking fentanyl and insisting on respect for sovereignty.

Experts warn these tit-for-tat measures could drive up costs, disrupt supply chains, and mirror the previous U.S.-China trade war, possibly harming security.

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[–] showmeyourkizinti@startrek.website 8 points 3 weeks ago

“changing summer vacation plans to stay in Canada” - might I humbly suggest other commonwealth countries get in on this as well Summer in Canada is winter in Australia so you’ll find it quite nice and frankly Britain could use all the tourists it can get Anywhere in the commonwealth also has very easy visa requirements so honestly you won’t have to worry about ICE kicking in your door just because your passport is a funny colour

[–] Draegur@lemm.ee 6 points 3 weeks ago

can't really blame him. even trump himself acnkowledges that tariff is the fourth most beautiful word in the english language /s

[–] Tm12@lemmy.ca 5 points 3 weeks ago

Damn. Will be hard for me to buy Canadian, I guess I am only buying non-American produce. 😕

[–] kittenzrulz123@lemmy.blahaj.zone 2 points 3 weeks ago

I hope its a trade war, otherwise Canada would just be taking tariffs without fighting back.