Canada and Mexico have taken action in response to the tariffs imposed by U.S. President Donald Trump, sparking concerns among businesses and consumers in all three countries. Canada initiated a 25% tariff on American imports, targeting various products such as beverages, cosmetics, and paper goods. A second list of goods, including vehicles, steel, and agricultural products, is set to follow, amounting to billions in Canadian dollars.
Mexico, on the other hand, has announced retaliatory tariffs without specifying rates or products. Both countries engaged in discussions following the U.S. administration's decision, emphasizing the importance of their bilateral relations.
