White House Confirms Trump’s Plan to Impose Tariffs on Canada and Mexico from February 1
The White House announced that former President Donald Trump intends to proceed with his pledge to impose tariffs on Canada and Mexico starting February 1. The decision, aimed at addressing trade imbalances, has already sparked tensions with both neighboring countries.
Ottawa has warned that it will introduce countermeasures should the tariffs come into effect, signaling a potential escalation of trade disputes in North America. Canadian officials have labeled the move “unjustified” and vowed to protect the nation’s economic interests.
Mexican authorities have expressed similar concerns, calling the tariffs detrimental to regional trade cooperation. Both Canada and Mexico are key trading partners under the USMCA (United States-Mexico-Canada Agreement), raising questions about the long-term impact of the tariffs on trilateral relations.
Economic experts caution that the tariffs could disrupt supply chains and increase costs for American consumers. Political observers predict a heated backlash from industry leaders and lawmakers opposed to protectionist policies.
As the February 1 deadline approaches, global markets and international relations will closely monitor the unfolding developments.