Canada, Mexico, China and the EU react to Trump's tariffs
Canadian, Mexican and Chinese flags.
Nurphoto | Nurphoto | Getty pictures
US President Donald Trump has long-term tariffs for imports from Canada, Mexico and China on Saturday-and it did not take long for the countries to react.
Trump signed an order to beat 25% tariffs for goods from Mexico and Canada, and an obligation of 10% to Chinese imports that begins on Tuesday. According to a high-ranking administrative officer, the energy resources from Canada are a lower tariff of 10%to “minimize disturbing effects that we could have on petrol and heating oil prices”.
In the Executive Ordinance, Trump said that the country-largest trading partners of the USA-SIC could avenge them with an “increase or expansion of the scope” of the duties that have already been imposed.
In one post on X, Trump said that the duties were “imposed on the greatest danger of illegal aliens and fatal drugs that our citizens, including fentanyl, killed”.
The United States has around 1.6 trillion dollars with Canada, Mexico and China every year. It is expected that the tariffs are used by the Trump government both as a negotiation chips and as methods to combat foreign policy changes – especially with regard to immigration and drug trafficking problems.
The reaction from one of the three countries was quick and crucial, while the others follow a waiting-and lake approach for Trump's tariffs. The European Union also observes how the newly imposed tariffs will have an impact after Trump recently cost the goal of the EU, which he claims to be an unequal trade relationship. Here is a look at your answers.
Canada
The Canadian Prime Minister Justin Trudeau hit retaliation duties against $ 155 billion of US goods shortly after the Trump tariffs were announced.
The Canadian Prime Minister Justin Trudeau speaks, flanked by (from L) Minister of Public Security David McGuinty, Foreign Minister Melanie Joly and Minister of Finance and Inter-Federal Affairs Dominic Leblanc, during a press conference on February 1, 2025.
Dave Chan | AFP | Getty pictures
He said that the tasks for US goods worth 30 billion US dollars will be charged on Tuesday, whereby the tariffs for products worth a further 125 billion US dollars are to be introduced in 21 days.
“Like the American tariffs, our answer will be far -reaching and everyday objects such as American beer, wine and bourbon, fruit and fruit juices, including orange juice as well as vegetables, perfume, clothing and shoes, include,” said Trudeau to a press conference on Saturday evening. “It includes important consumer goods products such as household appliances, furniture and sports equipment as well as materials such as wood and plastic as well as a lot more.”
Trudeau addressed the American citizens directly and added: “This is a choice that will harm the Canadian, but it will also have real consequences for them, the American people.”
It is expected that retaliatory tariffs in both the United States and elsewhere further exacerbate the price increases. The price for everything from cars and electronics to toys and food is expected to be affected.
Trudeau added that “it doesn't have to be that way”.
“Yes, we had our differences in the past, but we always found a way to come past them. As I said, when President Trump wants to initiate a new golden age for the United States, it is better way, it is, Working together with Canada, not punishing, ”he said.
In the meantime, Ontario said that all American alcohol products from its state -led spirits shelves will be drawn to the tariffs from Tuesday. Outlets of the Liquor Control Board from Ontario will also take out products from the catalog, so that other retailers cannot order or replenish these articles, according to a Sunday declaration by Premier Doug Ford.
Mexico
Mexico also vowes retaliation measures according to the news, although no special features became known.
President Claudia Sheinbaum beat Trump's tariffs and said that she instructed the economic secretary to “implement plan B in which we have worked, including tariff and non-tariff measures to defend Mexico's interests”.
The Mexican President Claudia Sheinbaum will be on January 21, 2025 about the policy of US President Donald Trump during a press conference in the National Palace in Mexico in Mexico in Mexico.
Henry Romero | Reuters
In a long position to X, the President added: “We categorically reject the defamation of the government of Mexico, which asserts alliances with criminal organizations and any intention to interfere with our area.”
Read more CNBC tariffs reporting
“Mexico does not want a confrontation. We start working between neighboring countries,” she said in the post office, translated by NBC. “Mexico not only wants Fentanyl to reach the United States, but also not that it reaches somewhere.”
“We have to work comprehensively, but always according to the principles of common responsibility, mutual trust, cooperation and, above all, respect for sovereignty that is not negotiable. Coordination, yes; subordination, no,” she added.
China
China said a lawsuit at the world trade organization would submit to the duties and “take the necessary countermeasures”.
“The unilateral increase in wages from the United States seriously violates WTO rules, solves its own problems and disturbs the normal economic and trade cooperation between China and the USA,” said the Chinese Ministry of Commerce in a declaration on Sunday, according to an NBC translation.
“In response to this illegal act, China will submit a lawsuit to the WTO and submit the necessary countermeasures to protect its rights and interests.” China previously complained to the WTO over tariffs, especially about the EU tariffs for Chinese EVs last year.
The fact that China briefly briefly stood up for the immediate escalation has aroused hope that there will be some space to avoid a comprehensive trade war between the two countries. The lower 10% tariffs, which are imposed on China, can also be a relief, since Trump repeats repeated threats on the campaign path on the campaign path to accommodate 60% or more for imports from the country.
In his explanation, China pushed back on Trump's comments on Fentanyl and described it as a “home problem”.
“China calls on the United States to pursue an objective and rational approach for its domestic questions, including fentanyl, instead of using tariff threats against other countries,” it said.
Synthetic opioid fenanyl is an addictive medication that causes many thousands of overdose deaths every year in the United States. The chemicals needed to produce the drug are mainly manufactured in China and Mexico. Washington and Beijing had previously agreed to work together on this topic.
That I
The European Union said on Sunday that it “regretted” the decision of the United States to impose tariffs in Canada, Mexico and China, and “react firmly” when Trump imposes the EU imposed, a spokesman for the European Commission.
Trump has made no secret of his opinion that the United States and the EU have what it has said is an unequal trade relationship.
“From the point of view of America, the EU treats us very, very unfairly, very bad,” Trump said in a virtual speech to the World Economic Forum in Davos, Switzerland, this month.
The EU is currently not aware of any additional tariffs on its products, said the spokesman.
“Our trade and investment relationship with the USA is the largest in the world. There is a lot at stake,” said the spokesman. “Tariff measures in general increase business costs, damage workers and consumers. Tariffs cause unnecessary economic disorders and promote inflation. They are hurtful for all sides.”
Trump previously sworn to place tariffs for the EU, and his last explanation on Friday added that he would do this “absolutely”. The tensions between Trump and the EU were already high after the president had made a proposal for the purchase of Greenland.
“Global Trade War”
In a note on Sunday, Paul Ashworth, head of Capital Economics North America Economist, Trump's tariffs in Canada, Mexico and China said “only the first strike in a very destructive global trade war”.
He said he expects the imports of the European Union to be targeted in the coming months, whereby universal tariffs – announced a lot of Trump on the campaign path – are expected in April.
According to Ashworth, the economic effects will be important for all countries involved.
“Since exports to the USA make up around 20% of their GDP, today's tariffs could fall into a recession later this year both the Canadian and Mexican economies,” he wrote.
“The resulting increase in US inflation from these tariffs and other futures measures will be even faster and larger than we originally expected.”
– CNBCS TANAYA MACHEL, KEVIN BREUGER, JEFF COX and LAYA NEEL.
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