{"id":128703,"date":"2025-03-04T15:18:08","date_gmt":"2025-03-04T15:18:08","guid":{"rendered":"https:\/\/quixnet.net\/wpinstance\/us-tariffs-take-effect-and-mexico-canada-and-china-retaliate-with-their-own-tariffs-on-the-us-the-associated-press\/"},"modified":"2025-03-04T15:18:08","modified_gmt":"2025-03-04T15:18:08","slug":"us-tariffs-take-effect-and-mexico-canada-and-china-retaliate-with-their-own-tariffs-on-the-us-the-associated-press","status":"publish","type":"post","link":"https:\/\/quixnet.net\/wpinstance\/us-tariffs-take-effect-and-mexico-canada-and-china-retaliate-with-their-own-tariffs-on-the-us-the-associated-press\/","title":{"rendered":"US tariffs take effect and Mexico, Canada and China retaliate with their own tariffs on the US – The Associated Press"},"content":{"rendered":"

Copyright 2025 The Associated Press. All Rights Reserved.
President Donald Trump says \u201cthere\u2019s no room left\u201d for Mexico or Canada to avoid 25% tariffs on imports that will go into effect on Tuesday, sparking renewed fears of a North American trade war. U.S. stocks tumbled after Trump made the comments.
Sunlight shines through the flags of Canada and the United States, held together by a protester outside on Parliament Hill in Ottawa, Feb. 1, 2025.(Justin Tang\/The Canadian Press via AP, File)
This combination of file photos shows, from left, U.S. President Donald Trump in Palm Beach, Fla., Feb. 7, 2025, Canadian Prime Minister Justin Trudeau in Kyiv, Ukraine, June 10, 2023, China\u2019s President Xi Jinping in Brasilia, Brazil, Nov. 20, 2024, and Mexico\u2019s President in Mexico City, June 27, 2024. Claudia Sheinbaum (AP Photo)
President Donald Trump gestures as he walks across the South Lawn of the White House, Sunday, March 2, 2025, in Washington, after returning from a trip to Florida. (AP Photo\/Mark Schiefelbein)
President Donald Trump says \u201cthere\u2019s no room left\u201d for Mexico or Canada to avoid 25% tariffs on imports that will go into effect on Tuesday, sparking renewed fears of a North American trade war. U.S. stocks tumbled after Trump made the comments.
Sunlight shines through the flags of Canada and the United States, held together by a protester outside on Parliament Hill in Ottawa, Feb. 1, 2025.(Justin Tang\/The Canadian Press via AP, File)
Sunlight shines through the flags of Canada and the United States, held together by a protester outside on Parliament Hill in Ottawa, Feb. 1, 2025.(Justin Tang\/The Canadian Press via AP, File)
This combination of file photos shows, from left, U.S. President Donald Trump in Palm Beach, Fla., Feb. 7, 2025, Canadian Prime Minister Justin Trudeau in Kyiv, Ukraine, June 10, 2023, China\u2019s President Xi Jinping in Brasilia, Brazil, Nov. 20, 2024, and Mexico\u2019s President in Mexico City, June 27, 2024. Claudia Sheinbaum (AP Photo)
This combination of file photos shows, from left, U.S. President Donald Trump in Palm Beach, Fla., Feb. 7, 2025, Canadian Prime Minister Justin Trudeau in Kyiv, Ukraine, June 10, 2023, China\u2019s President Xi Jinping in Brasilia, Brazil, Nov. 20, 2024, and Mexico\u2019s President in Mexico City, June 27, 2024. Claudia Sheinbaum (AP Photo)
President Donald Trump gestures as he walks across the South Lawn of the White House, Sunday, March 2, 2025, in Washington, after returning from a trip to Florida. (AP Photo\/Mark Schiefelbein)
President Donald Trump gestures as he walks across the South Lawn of the White House, Sunday, March 2, 2025, in Washington, after returning from a trip to Florida. (AP Photo\/Mark Schiefelbein)
WASHINGTON (AP) \u2014 President Donald Trump\u2019s<\/a><\/span> long-threatened tariffs against Canada and Mexico<\/a><\/span> went into effect Tuesday, putting global markets on edge and setting up costly retaliations by the United States\u2019 North American allies.<\/p>\n

Starting just past midnight, imports from Canada and Mexico are now to be taxed at 25%, with Canadian energy products subject to 10% import duties. <\/p>\n

The 10% tariff that Trump placed on Chinese imports in February was doubled to 20%, and Beijing retaliated Tuesday<\/a><\/span> with tariffs of up to 15% on a wide array of U.S. farm exports. It also expanded the number of U.S. companies subject to export controls and other restrictions by about two dozen.<\/p>\n

Canadian Prime Minister Justin Trudeau said his country would slap tariffs on more than $100 billion of American goods over the course of 21 days. Mexico didn\u2019t immediately detail any retaliatory measures.<\/p>\n

Following Canada and China, Mexico President Claudia Sheinbaum said Tuesday that Mexico will respond<\/a><\/span> to 25% tariffs imposed by the United States<\/a><\/span> with its own retaliatory tariffs on U.S. goods.<\/p>\n

Sheinbaum said she will announce the products Mexico will target on Sunday in a public event in Mexico City\u2019s central plaza, perhaps with the delay indicating Mexico still hopes to de-escalate the trade war set off by Trump.<\/p>\n

The U.S. president\u2019s moves raised fears of higher inflation and the prospect of a trade war even as he promised the American public that taxes on imports are the easiest path to national prosperity. He has shown a willingness to buck the warnings of mainstream economists and put his own public approval on the line, believing that tariffs can fix what ails the country.<\/p>\n

\u201cIt\u2019s a very powerful weapon that politicians haven\u2019t used because they were either dishonest, stupid or paid off in some other form,\u201d Trump said Monday at the White House. \u201cAnd now we\u2019re using them.\u201d<\/p>\n

U.S. markets dropped sharply Monday<\/a><\/span> after Trump said there was \u201cno room left\u201d for negotiations that could lower the tariffs. Shares in Europe and Asia were mostly lower Tuesday after they took effect.<\/p>\n

The Canada and Mexico tariffs were supposed to begin in February, but Trump agreed to a 30-day suspension<\/a><\/span> to negotiate further with the two largest U.S. trading partners. The stated reason for the tariffs is to address drug trafficking<\/a><\/span> and illegal immigration, and both countries say they\u2019ve made progress on those issues. But Trump has also said the tariffs will only come down if the U.S. trade imbalance closes, a process unlikely to be settled on a political timeline.<\/p>\n

The tariffs may be short-lived if the U.S. economy suffers. But Trump could also impose more tariffs on the European Union, India, computer chips, autos and pharmaceutical drugs. The American president has injected a disorienting volatility into the world economy, leaving it off balance as people wonder what he\u2019ll do next. <\/p>\n

\u201cIt\u2019s chaotic, especially compared to the way we saw tariffs rolled out in the first (Trump) administration,\u201d said Michael House, co-chair of the international trade practice at the Perkins Coie law firm. \u201cIt\u2019s unpredictable. We don\u2019t know, in fact, what the president will do.\u2019\u2019<\/p>\n

Democratic lawmakers were quick to criticize the tariffs, and even some Republican senators raised alarms.<\/p>\n

Sen. Susan Collins, R-Maine, said she\u2019s \u201cvery concerned\u201d about the tariffs going into effect because of her state\u2019s proximity to Canada.<\/p>\n

\u201cMaine and Canada\u2019s economy are integrated,\u201d Collins said, explaining that much of the state\u2019s lobsters and blueberries are processed in Canada and then sent back to the U.S.<\/p>\n

The world economy is now caught in the fog of what appears to be a trade war.<\/p>\n

Even after Trump announced Monday that the tariffs were going forward, Canadian officials were still in touch with their U.S. counterparts.<\/p>\n

\u201cThe dialogue will continue, but we are ready to respond,\u201d Canadian Defense Minister Bill Blair said in Ottawa as he went into a special Cabinet meeting on U.S.-Canada relations. \u201cThere are still discussions taking place.\u201d<\/p>\n

Shortly after Blair spoke, Trudeau said Canada would impose 25% tariffs on $155 billion Canadian ($107 billion U.S.) worth of American goods, starting with tariffs on $30 billion Canadian ($21 billion U.S.) worth of goods immediately and on the remaining amount on American products in three weeks. <\/p>\n

\u201cOur tariffs will remain in place until the U.S. trade action is withdrawn, and should U.S. tariffs not cease, we are in active and ongoing discussions with provinces and territories to pursue several non-tariff measures,\u201d Trudeau said.<\/p>\n

The White House would like to see a drop in seizures of fentanyl inside the United States, not just on the northern and southern borders. Administration officials say that seizures of fentanyl last month in everywhere from Louisiana to New Jersey had ties to foreign cartels.<\/p>\n

Damon Pike, technical practice leader for customs and trade services at the tax and consulting firm BDO, suggested the responses of other countries could escalate trade tensions and possibly increase the economic pressure points.<\/p>\n

\u201cCanada has their list ready,\u201d Pike said. \u201cThe EU has their list ready. It\u2019s going to be tit for tat.\u2019\u2019<\/p>\n

Tim Houston, the leader of Canada\u2019s Atlantic coast province of Nova Scotia, said he would direct the Nova Scotia Liquor Corporation to remove all U.S. alcohol from store shelves. Houston also said his government will limit access to provincial procurement for American businesses and double the cost for commercial vehicles from the United States on a tolled highway.<\/p>\n

The Trump administration has suggested inflation will not be as bad as economists claim, saying tariffs can motivate foreign companies to open factories in the United States. On Monday, Trump announced that Taiwan Semiconductor Manufacturing Company, the computer chipmaker, would be investing $100 billion<\/a><\/span> in domestic production.<\/p>\n

Still, it can take time to relocate factories spread across the world and train workers with the skills they need.<\/p>\n

Greg Ahearn, president and CEO of The Toy Association, said the 20% tariffs on Chinese goods will be \u201ccrippling\u201d for the toy industry, as nearly 80% of toys sold in the U.S. are made in China.<\/p>\n

\u201cThere\u2019s a sophistication of manufacturing, of the tooling,\u201d he said. \u201cThere\u2019s a lot of handcrafting that is part of these toys that a lot of people don\u2019t understand \u2026 the face painting, the face masks, the hair weaving, the hair braiding, the cut and sew for plush to get it to look just so. All of that are very high hands, skilled labor that has been passed through generations in the supply chain that exists with China.\u201d<\/p>\n

For a president who has promised quick results, Ahearn added a note of caution about how quickly U.S. factories could match their Chinese rivals.<\/p>\n

\u201cThat can\u2019t be replicated overnight,\u201d he said.<\/p>\n

Gillies reported from Toronto. Associated Press writers Anne D\u2019Innocenzio in New York and Lisa Mascaro in Washington and and Maria Versa in Mexico City contributed to this report.<\/p>\n

Copyright 2025 The Associated Press. All Rights Reserved.<\/p>\n

source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Copyright 2025 The Associated Press. All Rights Reserved.President Donald Trump says \u201cthere\u2019s no room left\u201d for Mexico or Canada to avoid 25% tariffs on imports that will go into effect on Tuesday, sparking renewed fears of a North American trade war. U.S. stocks tumbled after Trump made the comments.Sunlight shines through the flags of Canada […]<\/p>\n","protected":false},"author":1,"featured_media":128704,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[9],"tags":[],"class_list":["post-128703","post","type-post","status-publish","format-standard","has-post-thumbnail","category-us","entry"],"_links":{"self":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts\/128703","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/comments?post=128703"}],"version-history":[{"count":0,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts\/128703\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/media\/128704"}],"wp:attachment":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/media?parent=128703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/categories?post=128703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/tags?post=128703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}