U.S. President Donald Trump has Imposed a series of new tariffs on three key trading partners: Canada, Mexico, and China. The announcement comes in response to what Trump describes as a “major threat” from illegal immigration and drugs. The tariffs include a 25% levy on imports from Canada and Mexico and a 10% tariff on goods from China.

Canada wasted no time in responding. Outgoing Prime Minister Justin Trudeau confirmed that Canada will impose retaliatory tariffs on $155 billion worth of U.S. goods, matching Trump’s 25% rate.

Mexico’s President Claudia Sheinbaum followed suit, announcing that her country would retaliate with similar tariffs in response to Trump’s actions.

China also expressed its intent to take “corresponding countermeasures,” signaling that the dispute could extend beyond the U.S.’s immediate neighbors. The tariffs risk undermining decades of trade relationships and could spark significant economic repercussions.

The White House stated that the tariffs will remain in effect “until the crisis is alleviated,” but did not provide specific details on what actions would lead to an exemption. Officials also confirmed that no exclusions would be granted from the tariffs, and any retaliatory measures by Canada, Mexico, or China could lead to increased duties from the U.S.

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