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News in English (USA) / 05.04.2025 / 17:00

Canada and Mexico Navigate Trade Tensions Amid U.S. Tariffs

Leaders from Canada and Mexico are taking credit for avoiding the latest round of tariffs imposed by the U.S., but the atmosphere remains tense. Canada has expressed that its relationship with the U.S. has irrevocably changed due to ongoing trade wars initiated by the Trump administration. Canadian officials, including Prime Minister Carney, have vowed to respond decisively to U.S. actions, implementing countermeasures such as a 25% tariff on American-made vehicles. Despite being largely excluded from the most recent tariff list, Canadian leaders, including Doug Ford, acknowledge the challenges that remain, stressing the need for strategic responses and collaboration with Mexico to counterbalance U.S. trade actions. The political landscape is charged, with Canadian leaders condemning the tariffs as both chaotic and unjustified, while also strategizing on future economic alliances.
Financial Times, CNN, CNBC, The New York Times, Reuters, The White House (.gov), The Guardian, BBC, Fox Business, Axios