Immediate response to tariffs from Canada, Mexico delays until Sunday
Canada responded immediately to the imposition by the US of tariffs of 25% on virtually all imports from north of the border. When the US tariffs kicked in on March 4, Canada applied retaliatory 25% tariffs on a series of products that it imports from the US and will add to the list of products affected on March 21.
Mexico’s president, Claudia Sheinbaum, said she would announce Mexico’s response at a public meeting in Mexico City on March 9.
She said: “These measures will clearly affect businesses in our country, but they will also affect the people of the US because they will push up the price of many of the products that we make in Mexico.”
Ms Sheinbaum said in a television address that the tariffs were “a unilateral measure”. She said that following US president Donald Trump’s announcement in February of a one-month delay in the imposition of the tariffs, Mexico had worked hard to resolve trade issues without tariffs. “We thought we had an agreement,” she said. “We don’t understand why the US tariffs have now come into force and we do not think they are necessary.”
She said Mexico would always seek dialogue.
