Sunday, February 2, 2025

Canada imposing retaliatory tariffs in response to Trump, Mexico considering the same - Nicholas Ballasy

 

by Nicholas Ballasy

“I instruct the Secretary of Economy to implement Plan B that we have been working on, which includes tariff and non-tariff measures in defense of Mexico’s interests,” Claudia Sheinbaum, Mexico's president says

 

Canada announced on Sunday it is imposing retaliatory 25% tariffs against the United States after President Trump's tariffs were announced on Saturday.

Prime Minister Justin Trudeau said the "far-reaching" tariffs would apply to U.S. imports including beer, wine, home appliances and sporting goods.

The White House announced on Saturday Trump would impose 25% tariffs on Canadian and Mexican imports and 10% on Chinese imports.  Trump cited illegal immigration, drug trafficking and the fentanyl crisis as reasons for the tariffs.

Mexico’s President Claudia Sheinbaum said on Saturday in an X post that "problems are not resolved by imposing tariffs" and emphasized more diplomacy. 

“I instruct the Secretary of Economy to implement Plan B that we have been working on, which includes tariff and non-tariff measures in defense of Mexico’s interests,” she wrote, translated from Spanish. “Nothing by force; everything by reason and right.”

She called on Trump to work with her to "establish a working group with our best public health and security teams."


Nicholas Ballasy

Source: https://justthenews.com/government/white-house/canada-imposing-retaliatory-tariffs-response-trump-mexico-considering-same

Follow Middle East and Terrorism on Twitter

No comments:

Post a Comment