President Donald Trump signed an order imposing tariffs on imports from Mexico, Canada, and China to curb fentanyl production and illegal immigration. The move triggered retaliatory tariffs from Canada and Mexico, escalating a potential trade war and raising concerns about inflation and economic disruption. The tariffs, set to take effect on Tuesday, will impose a 10% duty on all Chinese imports and a 25% duty on imports from Mexico and Canada. Canadian Prime Minister Justin Trudeau warned of higher prices for American consumers and denounced the action as a betrayal by a close ally. Mexican President Claudia Sheinbaum rejected the White House's accusations and vowed to defend Mexico's interests.
PALM BEACH, Fla. — President Donald Trump on Saturday signed an order to impose stiff tariffs on imports from Mexico , Canada and China , drawing swift retaliation from the country's North American neighbors in an emerging trade war .
The action provoked an economic standoff with America’s two largest trading partners in Mexico and Canada, upending a decades-old trade relationship with the possibility of harsh reprisals by those two nations. “It will have real consequences for you, the American people,” he said, saying it would result in higher prices on groceries and other goods.
"We categorically reject the White House’s slander that the Mexican government has alliances with criminal organizations, as well as any intention of meddling in our territory,” Sheinbaum wrote in a post on X. “Effective today, I have directed B.C. liquor sales to immediately stop buying American liquor from red states,” he said. “Liquor store employees will be removing the most popular of these brands from government store shelves.”
The Trump administration put the tariffs in place to force the three countries to stop the spread and manufacturing of fentanyl, in addition to pressuring Canada and Mexico to limit any illegal immigration into the United States. The Republican president is making a major political bet that his actions will not significantly worsen inflation, cause financial aftershocks that could destabilize the worldwide economy or provoke a voter backlash. AP VoteCast, an extensive survey of the electorate in last year's election, found that the U.S. was split on support for tariffs.
Trade War Tariffs Mexico Canada China Trump Economy Inflation Fentanyl
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