EconomyCanada and Mexico unite in retaliation against US tariffs

Canada and Mexico unite in retaliation against US tariffs

Canada and Mexico are strengthening their cooperation in response to American tariffs. Prime Minister Trudeau and President Sheinbaum remain in close contact, as mentioned in the summary of the leaders' conversation published on Sunday.

Justin Trudeau
Justin Trudeau
Images source: © Getty Images | Bloomberg
Tomasz Waleński

The two countries are cooperating following the United States' decision to impose 25% tariffs on imports from Canada and Mexico. Canada's Prime Minister Justin Trudeau and Mexico's President Claudia Sheinbaum discussed the issue on Saturday.

Responses from Canada and Mexico

In response to the American tariffs, Canada plans to implement retaliatory tariffs on American goods valued at 114 billion U.S. dollars. These tariffs will take effect on February 4, and others will follow within 21 days. Prime Minister Trudeau also announced export restrictions on critical minerals and oil to the United States.

Canadian provinces are taking retaliatory actions. Ontario Premier Doug Ford announced that starting Tuesday, the LCBO chain will remove American alcohol from its shelves. Nova Scotia and British Columbia have taken similar measures. The LCBO sells American beverages worth almost 736 million U.S. dollars annually.

Mexico's President, Claudia Sheinbaum, also announced retaliatory tariffs. She shared via social media that a "plan B" to defend Mexico's interests was being implemented. Additionally, she dismissed allegations of her government's ties to criminal organizations.

The Canadian Ambassador to the United States, Kirsten Hillman, expressed hope that the American tariffs might not take effect. In an interview with ABC News, she emphasized that Canadians expect the government to uphold the agreement with the United States.

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