Trump Imposes New Tariffs on Canada, Mexico, and China: Trade War Looms

US President Donald Trump has imposed new tariffs on Canada, Mexico, and China, citing a "national emergency" due to illegal immigration and drug trafficking. Announced through three executive orders, the tariffs include a 25% duty on Canadian and Mexican imports and 10% on Chinese goods, starting Tuesday. Additionally, Canadian energy resources will be taxed at a reduced 10% rate "until the crisis is alleviated."

Trump invoked the International Emergency Economic Powers Act to justify the tariffs, claiming that the Biden administration’s border policies led to the worst immigration crisis in US history. He also accused China of failing to curb fentanyl production, contributing to the US drug crisis.

Canadian Prime Minister Justin Trudeau expressed disappointment, stating that Canada "did not want this" but is "prepared." Meanwhile, Mexican President Claudia Sheinbaum Pardo criticized the move, advocating for dialogue rather than tariffs. She also announced Plan B, a set of countermeasures to defend Mexico’s interests.

While China has yet to respond, Trump recently threatened 25% tariffs on Colombian goods, forcing negotiations. Additionally, he hinted at upcoming tariffs on the European Union and warned BRICS nations of 100% duties if they attempt to replace the US dollar in global trade.

With these aggressive trade policies, tensions between the US and its trading partners are set to escalate, raising concerns over a potential global economic conflict.