Canada and Mexico hit back with tariffs on US as Donald Trump’s trade war escalates
Canada’s Prime Minister Justin Trudeau addresses the media following the imposition of a raft of tariffs by US President Donald Trump (Justin Tang/The Canadian Press/AP)
Canada and Mexico have launched retaliatory tariffs against President Donald Trump’s new import taxes, escalating tensions between the longtime allies.
Canadian Prime Minister Justin Trudeau announced a 25 per cent tax on £85.9bn worth of US goods, with energy imports facing a 10 per cent levy. The first wave of Canadian tariffs, hitting £16.6bn of American alcohol and fruit imports, begins Tuesday, with the remaining £69.3bn following in three weeks.
We’ve summarized this news for a quick read. If you’re interested, you can read the full article here:
If you find this site helpful, share it with your friends!