- The US announced tariffs of 25% on imports from Canada and Mexico, as well as a fresh 10% levy on Chinese products
- In response, Canada announced 25% tariffs against the US on appliances, household items and products such as orange juice, wine, spirits, beer and coffee
- China has said it will place tariffs of up to 15% on a range of American agricultural and food products – Beijing said it would fight to the “bitter end” if the US continues its trade actions, urging a return to negotiations
- Mexico is also expected to announce its own response later today, but President Claudia Sheinbaum has already said her country had contingency plans
- Stock markets around the world have fallen following the introduction of tariffs – with analysts warning they could drive up prices for American households and have a knock-on effect for consumers around the world
- And the EU has condemned the tariffs on Canada and Mexico, saying they were a threat to economic stability
Canada and mexico announced tariff on US
