The Latest: Mexico and Canada retaliate against Trump's tariffs

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Tue, March 4, 2025

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The Latest: Mexico and Canada retaliate against Trump's tariffs

^{Published on 2025-03-04 13:20:45 - MSN}

President Donald Trump's launched a trade war Tuesday against America's three biggest trading partners, drawing immediate retaliation from Mexico, Canada and China and sending financial markets into a tailspin.

The article discusses the retaliatory measures taken by Mexico and Canada in response to the steel and aluminum tariffs imposed by former U.S. President Donald Trump. Mexico announced it would impose tariffs on various U.S. products including cheese, pork, and bourbon, while Canada targeted U.S. exports like steel, aluminum, and consumer goods such as coffee, toffee, and ketchup. These actions were in direct response to Trump's decision to apply a 25% tariff on steel and a 10% tariff on aluminum from these countries, citing national security concerns. The retaliatory tariffs were seen as a way to pressure the U.S. into reconsidering its trade policies. The situation has led to ongoing trade tensions, with discussions and negotiations continuing to find a resolution that would benefit all parties involved.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/news/politics/the-latest-mexico-and-canada-retaliate-against-trump-s-tariffs/ar-AA1AdS58 ]

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