Hold onto your maple syrup and sombreros, folks! The US just slapped a 25% tariff on imports from Canada and Mexico 🔥 – and their neighbors aren’t backing down. Cue the \"trade war drama\" heating up across North America 🌎.
🇨🇦 Canada Fires Back
Prime Minister Justin Trudeau announced retaliatory tariffs on US goods worth C$155 billion, with C$30 billion hitting February 4. British Columbia’s Premier David Eby went further, calling the move a \"betrayal\" and banning American liquor from conservative-led states 🍷🚫. \"This isn’t just business – it’s personal,\" he declared.
🇲🇽 Mexico Strikes Next
President Claudia Sheinbaum confirmed Mexico will impose counter-tariffs and other measures. Meanwhile, Trump’s order includes a \"tit-for-tat escalation clause\" ⚖️, risking deeper economic fractures. The White House set the tariffs to kick in February 4, 2025 🗓️.
By the Numbers 📊
The US imported $466.6B from Mexico and $377.2B from Canada in 2024’s first 11 months – making this clash a high-stakes game for all three economies. With China ($401.4B in US imports) also in the trade mix, could this ripple globally? 🌐 Analysts say \"brace for impact.\"
Reference(s):
cgtn.com