The US tariffs come into force to Mexico, Canada and China

• Trump Imposes New Tariffs
• China and Canada Respond Immediately
• Trade Tensions on the Rise

The tariffs announced by Donald Trump officially took effect at midnight.

The United States has now applied a 25% tariff on imports from Mexico and Canada.

Additionally, China has been hit with a 10% increase in exported goods to the US.

These measures have triggered immediate responses from China and Canada.

Impact of the New US Tariffs on Mexico, Canada, and China

Mexico and Canada will now face a 25% tariff, except for Canadian hydrocarbons, which will have a 10% duty.

Chinese imports, which already had an additional 10% duty, will now increase by another 10% starting today.

The rising cost of Chinese products has raised concerns about its potential impact on inflation in the US.

Trump is reviving his trade war strategy against China, similar to his first term.

Canadian Prime Minister Justin Trudeau quickly responded by announcing retaliatory measures.

Canada will impose tariffs on US goods worth $100 billion.

China also retaliated with tariffs on key US products.

The Chinese Ministry of Finance has imposed a 15% tariff on chicken, wheat, and corn.

Additional 10% tariffs will apply to soybeans, pork, and dairy products.

Trump has defended the tariffs, claiming they are necessary measures to combat drug trafficking and illegal immigration.

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«Mexico and Canada have no room for negotiation to avoid them,» he stated.

The president argued that efforts to curb fentanyl trafficking have been insufficient.

«Huge amounts of fentanyl have entered our country from Mexico and Canada,» Trump declared.

The growing trade tensions could impact multiple economic sectors.

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