Canada, Mexico, and China Unite to Counter U.S. Tariffs
In a bold move aimed at reshaping global trade, the United States recently imposed tariffs that have sent shockwaves through international markets. With the new policy set to take effect soon, a 25% duty has been levied on exports from Canada and Mexico, while a slightly lower 10% tariff targets products from China. This unprecedented action by the U.S. administration has prompted swift and coordinated responses from the affected nations, sparking a complex trade battle that could have far-reaching economic and geopolitical implications.Key PointsU.S. Tariffs Announced: The U.S. government imposed a 25% tariff on exports from Canada and Mexico, and a 10% tariff on Chinese goods, effective February 1, 2025.Coordinated Global Response: Canada, Mexico, and China have mobilize...