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Home / World / Trade War Begins as Trump Imposes Tariffs on Canada and Mexico

Trade War Begins as Trump Imposes Tariffs on Canada and Mexico

Trade War Begins as Trump Imposes Tariffs on Canada and Mexico
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World February 2, 2025 08:15

- US President Donald Trump sparks trade war by imposing tariffs on Canada and Mexico, leading to retaliatory measures and concerns over global economy.

US President Trump Initiates Trade War

President Trump has announced tariffs of 25% on imports from Canada and Mexico and 10% on imports from China. Retaliatory measures are in place.

Canada's Response

Canada retaliates with a 25% tariff on $155 billion worth of US imports, affecting a wide range of products.

Mexico's Plan B

Mexico prepares to implement Plan B against US tariffs, emphasizing cooperation over conflict.

Impact and Concerns

The trade war raises concerns about global economy and potential consequences for consumers and businesses worldwide.

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