Washington (TDI): US President Donald Trump has confirmed that the United States will proceed with imposing 25% tariffs on imports from Canada and Mexico, effective Tuesday.
The decision, announced on Monday, underlines the Trump administration’s firm stance on addressing what it describes as the unchecked flow of illegal drugs and undocumented migrants into the US.
President Trump said that there is no longer room for negotiations, stating that the tariffs are set to take effect as planned.
The announcement has triggered worries among investors, with major US stock indexes experiencing sharp declines.
The tariffs are part of a broader strategy by the Trump administration to address trade imbalances and protect domestic industries.
Trump says I will impose 25% tariffs on Canada and 25% on Mexico tomorrow. Does anyone else see this backfiring on the American people? pic.twitter.com/zhOop7ZJZ3
— Carlos Lopez (@CarlosL84862301) March 3, 2025
Read More: US Imposes Tariffs on Canada, Mexico
Canada and Mexico have both expressed their resolve to defend their economies in the face of these measures.
Canadian Internal Trade Minister Anita Anand reasserted her country’s commitment to protecting its economic interests, noting that Canada had already prepared a list of $30 billion worth of American goods that could be targeted in retaliation.
Canada is strengthening its economy on three fronts: mitigating potential U.S. tariffs, reducing internal trade barriers, and expanding global partnerships, including in the Indo-Pacific. We are ready to diversify supply chains to compete and to grow. pic.twitter.com/f8zonI5LRW
— Anita Anand (@AnitaAnandMP) March 2, 2025
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Meanwhile, Mexican President Claudia Sheinbaum focused on the importance of mutual respect in bilateral relations, asserting that cooperation should not equate to subordination.
As the deadline for the tariffs approaches, the international community watches closely, hoping for a de-escalation of tensions that could otherwise have far-reaching consequences for global trade and economic stability.
A dedicated writer and avid observer of the evolving world of international relations. My passion for geopolitics was ignited during my academic journey, where I excelled in competitive exams, and it has since become the cornerstone of my writing career. I am driven by an insatiable curiosity about the complex interplay of global forces that shape our world.
