BREAKING: Canada and Mexico Announce Retaliatory Tariffs Following U.S. Executive Orders

Tensions between the U.S. and its closest trading partners escalated yesterday as both Canada and Mexico vowed to implement retaliatory tariffs in response to President Donald Trump’s decision to impose sweeping tariffs on goods from the two countries, as well as China.

This move follows the signing of executive orders by Trump, which impose a 25% tariff on Mexican and Canadian imports, and a 10% tariff on goods from China, citing concerns over illegal immigration and the fentanyl crisis.

Canada Strikes Back with $155 Billion in Retaliatory Tariffs

Canadian Prime Minister Justin Trudeau was the first to detail his country’s response, announcing that Canada would impose a 25% tariff on $155 billion worth of U.S. goods, in retaliation for Trump’s new trade measures.

Trudeau revealed that $30 billion worth of goods would face immediate tariffs, set to take effect this Tuesday, the same day the…