February 2, 2025
Both Mexico and Canada announced that tariffs will be coming on U.S. goods shortly after President Donald Trump signed executive orders implementing steep tariffs on the two nations, along with China, on Saturday. Mexican President Claudia Sheinbaum said in a lengthy X post blasting Trump’s move that she instructed the “Secretary of Economy to implement Plan B that […]

Both Mexico and Canada announced that tariffs will be coming on U.S. goods shortly after President Donald Trump signed executive orders implementing steep tariffs on the two nations, along with China, on Saturday.

Mexican President Claudia Sheinbaum said in a lengthy X post blasting Trump’s move that she instructed the “Secretary of Economy to implement Plan B that we have been working on, which includes tariff and non-tariff measures in defense of Mexico’s interests.” Canadian Prime Minister Justin Trudeau, meanwhile, was more explicit, announcing 25% tariffs on $155 billion of U.S. goods in a Saturday night press conference.

The announcements from both countries’ leaders come after Trump ordered a 25% tariff on Canadian and Mexican goods exported to the United States, as well as a 10% tariff on Canadian energy resources. The tariffs are slated to take effect at midnight on Tuesday.

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This is a developing story and will be updated.

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