A day after President Trump announced stiff tariffs on Mexico, Canada and China, the Canadian government said it would retaliate with 25 percent tariffs on more than $100 billion worth of U.S. goods, including honey, tomatoes, whiskey, peanut butter and garments. Prime Minister Justin Trudeau said more measures were being considered.
Mexico’s president, Claudia Sheinbaum, said she would outline her country’s response today, while China’s commerce ministry promised “corresponding countermeasures” and said Beijing would bring a case before the World Trade Organization.
On social media, Trump acknowledged that his tariffs — 25 percent on Canada and Mexico, with a partial carve-out for Canadian energy and oil exports, and 10 percent on goods from China — could cause “some pain.” Because of how tariffs work, groups that represent American businesses say consumers are likely to paying the price.
The tariffs could tilt the world economic order in China’s favor. Lawmakers, economists and business groups widely criticized the tariffs, characterizing them as economic malpractice.
The Trump administration revoked Temporary Protected Status yesterday for more than 300,000 Venezuelans in the U.S., leaving them vulnerable to potential deportation in the coming months.
