Trump Tariff News Live Update: Trump Tariffs increase business war

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US President Donald Trump has followed his threat to putting wide tariffs on Canada, Mexico and China, marking one of the most important trade growth in modern American history.

The new measures include 25% tariffs on most imports of Canada and Mexico, as well as double of tariffs on 10% to 20% of sugar goods.

Trump justifies tariffs

Trump has defended the required tariffs for national security and economic development. He said in a press conference, “These tariffs will bring back American jobs, protect our industries, and force our business partners to treat us properly.”

He accused Canada and Mexico of failing to curb illegal immigration and drug trafficking, especially Fenteniles. Trump wrote on truth social, “We cannot allow these countries to take advantage of us by doing nothing to stop the flow of illegal migrants and deadly drugs in the US.”

Canada, Mexico and China vengeance

In response, Canada, Mexico and China have announced all anti -counterparts measures.

Canada’s response

Trudeau said Canada would impose its tariff on more than $ 100 billion American goods in the next 21 days. “The United States launched a trade war today,” Canadian Prime Minister Justin Trudeau said, the move was criticized as “unfair”.

“Canada will not allow this unfair decision to be unanswered,” he announced. In the early stages of the Canadian tariff, 25% of the C $ 30 billion ($ 20.6 billion) value of US exports will be applied, with a second round set to target an additional C $ 125 billion.

Trudeau also criticized Trump’s claim that Canada was failing to prevent fantanel and immigration issues. “At the same time they are talking about working positively with Russia, they are punishing their nearest colleague. This makes sense,” he said.

Mexico and China’s response

Mexican President Claudia Shinbam announced a ventilative tariff in response to American measures, which revealed the details on Sunday, while emphasizing openness for negotiations. Meanwhile, China imposed 15% tariffs on American goods such as chicken, cotton and soybean, and expanded export control over American companies, intensifying trade tension.

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