{"id":29421,"date":"2025-06-20T14:02:03","date_gmt":"2025-06-20T18:02:03","guid":{"rendered":"https:\/\/jobbinghood.com\/magazine\/2025\/03\/04\/canada-mexico-china-say-they-will-retaliate-against-trump-tariffs\/"},"modified":"2025-06-20T14:02:04","modified_gmt":"2025-06-20T18:02:04","slug":"canada-mexico-china-say-they-will-retaliate-against-trump-tariffs","status":"publish","type":"post","link":"https:\/\/jobbinghood.com\/magazine\/2025\/06\/20\/canada-mexico-china-say-they-will-retaliate-against-trump-tariffs\/","title":{"rendered":"Canada, Mexico, China say they will retaliate against Trump tariffs"},"content":{"rendered":"<p>Canada, Mexico and China all said Tuesday they will impose retaliatory tariffs on imported American goods after U.S. President Donald Trump levied new tariffs on their exports to the United States. The United States imposed new 25% tariffs Tuesday on exports from its two biggest trading partners, Mexico and Canada, and doubled an earlier 10% tariff on Chinese imports to 20%. Trump, in an address to Congress late Tuesday, also pledged to put in place reciprocal tariffs on other nations beginning April 2, complaining of what he called \u201cvery unfair\u201d trading practices. He cited Brazil, India, South Korea and the European Union. Trump imposed the new tariffs on Mexico and Canada, its closest neighboring countries, even after they said they have curtailed illegal migration and the flow of illicit drugs into the U.S. as Trump had demanded. All three major U.S. stock indexes fell sharply after Trump\u2019s announcement on Monday, and each dropped about 2 percentage points at the start of trading on Tuesday. Trump has said the tariffs may inflict some temporary economic pain for U.S. consumers and businesses, with higher prices on imported goods from the three countries. But in the long run, he says, it will push corporations with operations in the three countries to move manufacturing to the United States to avoid the tariffs. \u201cTariffs are about making America rich again and making America great again,\u201d Trump told Congress Tuesday night. \u201cThere\u2019ll be a little disturbance, but we\u2019re okay with that. It won\u2019t be much.\u201d Canada Canadian Prime Minister Justin Trudeau said his country would retaliate against Trump\u2019s tariff hike and \u201cwill not let this unjustified decision go unanswered.\u201d He said Canada would impose 25% tariffs on $107 billion worth of American goods. Trudeau said Canada has surged personnel and equipment to the border to stop the flow of fentanyl to the United States, as Trump had demanded as a possible path to averting the new tariff on Canadian imports. \u201cBecause of this work \u2014 in partnership with the United States \u2014 fentanyl seizures from Canada have dropped 97% between December 2024 and January 2025 to a near-zero low of 0.03 pounds seized by U.S. Customs and Border Protection,\u201d Trudeau said. Trump\u2019s decision, he said, \u201cwill disrupt an incredibly successful trading relationship,\u201d and the tariffs will lead to Americans paying more for products such as groceries, gasoline and cars. Asked about Trump\u2019s motivations for imposing tariffs, Trudeau said Trump \u201cwants to see a collapse of the Canadian economy because that would make it easier to annex us.\u201d Trump has frequently suggested adding Canada as the 51st U.S. state and mockingly called Trudeau \u201cgovernor.\u201d \u201cThe United States launched a trade war against Canada,\u201d Trudeau said. \u201cCanadians are reasonable. We are polite. We will not back down from a fight.\u201d He described Trump as a \u201csmart guy,\u201d but said the tariffs are a \u201cvery dumb thing to do.\u201d Trump immediately retorted that if Trudeau imposes a retaliatory tariff on U.S. imports, he would hike U.S. duties on Canadian goods by the same amount. Mexico Mexican President Claudia Sheinbaum said she would impose her own retaliatory tariffs on U.S. goods and announce which products it would target on Sunday at a public event on Mexico City\u2019s central plaza. She assailed Trump\u2019s tariff hike, saying, \u201cThere is no motive or reason nor justification that supports this decision that will affect our people and our nations.\u201d After Trump promised the new duties on Mexico and Canada last month, Sheinbaum sent 10,000 troops to Mexico\u2019s northern border with the U.S. to curb the flow of narcotics. Trump and other administration officials this week said the apprehensions of people illegally crossing the U.S.-Mexico border dropped to a record low in February. China Trump has blamed China as the main source of the deadly fentanyl opioid entering the U.S. China\u2019s Commerce Ministry said in a statement Tuesday that it firmly opposes the U.S. tariff hike, and that China will take countermeasures to protect its interests. China also said the tariffs violate World Trade Organization rules and undermine U.S.-China economic cooperation. The Chinese finance ministry said that beginning March 10, China will impose a 15% tariff on imports of U.S. chicken, wheat, corn and cotton. A 10% tariff will apply to U.S. sorghum, soybeans, pork, beef, fruits, vegetables and dairy, the ministry said in a statement. The fallout from the tariff hikes could roil the economies of all three countries, with possibly less U.S. demand for higher-priced imported goods and higher prices for U.S. consumers and businesses for the products that actually are transported into the United States. Target, a popular U.S. retailer, said customers could see higher prices on imported goods from the three countries in the next couple of days. Mexico, Canada and China, in that order, are the three biggest national trading partners with the U.S., although collectively, the 27-nation European Union is larger than all three individually. Trump, at the first Cabinet meeting of his new presidential term last week, said he would \u201cvery soon\u201d announce a 25% tariff on EU exports to the U.S. With Trump signaling the new tariff on goods sent to the U.S., the EU vowed to respond \u201cfirmly and immediately\u201d to \u201cunjustified\u201d trade barriers and suggested it would impose its own tariffs on U.S. imports if Trump proceeds with his. Trump said reciprocal tariffs on nations that levy taxes on U.S. exports are still set to take effect on April 2. He has also hinted at putting tariffs on automobile imports, lumber, pharmaceutical products and other goods. Many economists have repeatedly warned that tariffs could lead to higher prices, boosting troublesome inflation in the U.S. Trump has acknowledged there could be short-term pain for Americans but has contended that tariffs would ultimately be beneficial to the U.S. economy, the world\u2019s largest. Some information for this story was provided by The Associated Press, Agence France-Presse and Reuters.<\/p>\n<div class=\"jobbi-after-content-jh-placement jobbi-entity-placement\" id=\"jobbi-2737592512\"><div id=\"jobbi-866750196\"><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-5862940809620110\" crossorigin=\"anonymous\"><\/script><ins class=\"adsbygoogle\" style=\"display:block;\" data-ad-client=\"ca-pub-5862940809620110\" \ndata-ad-slot=\"\" \ndata-ad-format=\"auto\"><\/ins>\n<script> \n(adsbygoogle = window.adsbygoogle || []).push({}); \n<\/script>\n<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Canada, Mexico and China all said Tuesday they will impose retaliatory tariffs on imported American goods after U.S. President Donald Trump levied new tariffs on their exports to the United States. The United States imposed new 25% tariffs Tuesday on exports from its two biggest trading partners, Mexico and Canada, and doubled an earlier 10% [&hellip;]<\/p>\n","protected":false},"author":495,"featured_media":29422,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-29421","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"_links":{"self":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/29421","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/users\/495"}],"replies":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/comments?post=29421"}],"version-history":[{"count":0,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/29421\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media\/29422"}],"wp:attachment":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media?parent=29421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/categories?post=29421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/tags?post=29421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}