Monday, February 3, 2025
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Canada, Mexico retaliate with tariffs on US goods amid new trade war

Canada and Mexico have implemented retaliatory tariffs against US goods following President Trump’s new tariffs—25% on imports from both nations, except Canadian oil at 10%. The Canadian measures affect $30 billion in American products, escalating to $125 billion. Trudeau and Sheinbaum discussed the impacts over a Saturday phone call.

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