Mark Carney has won a landslide victory to become Canada’s next Prime Minister, securing 85.9% of the votes in the Liberal Party leadership race. As he takes office, Carney is already making bold statements, vowing to keep tariffs on until the US shows respect and taking a strong stance against President Trump’s policies.

Canada: 59-year-old Mark Carney wins 85. 9% of ballots cast in leadership vote

Mark Carney has won a landslide victory to become Canada’s next Prime Minister, securing 85% of the votes in the Liberal Party leadership race. As he takes office, Carney is already making bold statements, vowing to keep tariffs on until the US shows respect and taking a strong stance against President Trump’s policies.

Canada ruling party elects Mark Carney as new leader and next PM

US President Donald Trump has suggested that tariffs on Mexico and Canada could rise further in the future. Speaking in an interview with Fox News, Trump addressed concerns from business leaders seeking stability in trade policies.
<h2>'Tariffs could go up as time goes by'</h2>
"I think [the business community could see clarity on tariffs]," he said, adding, "But the tariffs could go up as time goes by, and they may go up&hellip;"
During his interview, Trump said that the US has been taken advantage of by other countries.
Also read: <a href="https://www.wionews.com/world/us-president-donald-trump-slams-ungrateful-zelensky-for-extorting-us-ahead-of-talks-on-russia-ukraine-war-8837577">&lsquo;Took money like candy from baby&rsquo;: Trump slams &lsquo;ungrateful&rsquo; Zelensky for extorting US ahead of talks with Kyiv</a>
"For years, globalists have been ripping off the United States. They've been taking money away from the United States, and all we're doing is getting some of it back, and we're going to treat our country fairly," he said.
"This country has been ripped off by every nation in the world, every company in the world. We've been ripped off at levels never seen before, and what we're going to do is get it back," he added.
Trump has previously imposed tariffs on Mexico and Canada, as well as on China, arguing that these measures are necessary due to border security concerns. He claims that fentanyl is being smuggled into the US through imports from these countries.
Also read: <a href="https://www.wionews.com/world/homeland-security-secretary-kristi-noem-says-us-is-now-trumps-country-as-border-crackdown-continues-8837472">&lsquo;Not Biden&rsquo;s world anymore&rsquo;: DHS chief says US is now &lsquo;Trump&rsquo;s country&rsquo; as border crackdown continues</a>
While many Canadian and Mexican goods covered under the US-Mexico-Canada Agreement (USMCA) were initially exempt from his 25% tariffs, Trump confirmed that these exemptions will end next month.
Explaining his leniency, Trump said, "We're a big, big country, and they do a lot of their business with us, whereas in our case it's much less significant. We do very little with Canada by comparison, and I wanted to help the American carmakers until April 2nd."
On Friday, Trump took to Truth Social and accused Canada of cheating the US, saying, "Canada is cheating the United States Farmers on USMCA."
Also read: <a href="https://www.wionews.com/world/trumps-golf-weekends-in-florida-cost-american-taxpayers-over-18m-report-8837410">Trump&rsquo;s golf weekends in Florida cost American taxpayers over $18 million: Report</a>
"In 2024, Canada retained Tariffs on various US Goods, particularly in protected sectors like Dairy that are operated under a supply management system," he said.
He then proceeded to give examples of the unfair Canada tariffs on US and said, "Some examples of Canadian Tariffs on U.S. Dairy outside of the limited quota include: Milk: Up to 243%, Butter: Up to 298%, Cheese: Up to 245%"
Also read: <a href="https://www.wionews.com/world/us-president-donald-trump-miffed-with-uk-after-king-charles-welcomes-zelensky-trudeau-to-his-home-8837379">&lsquo;Makes him feel less special&rsquo;: Trump miffed with UK after King Charles welcomes Zelensky, Trudeau to his home</a>
(With inputs from agencies)

World: "For years, globalists have been ripping off the United States. They've been taking money away from the United States, and all we're doing is getting some of it back, and we're going to treat our country fairly," Trump said.

US President Donald Trump has suggested that tariffs on Mexico and Canada could rise further in the future. Speaking in an interview with Fox News, Trump addressed concerns from business leaders seeking stability in trade policies. 'Tariffs could go up as time goes by' "I think [the business community could see clarity on tariffs]," he said, adding, "But the tariffs could go up as time goes by, and they may go up…" During his interview, Trump said that the US has been taken advantage of by other countries. Also read: ‘Took money like candy from baby’: Trump slams ‘ungrateful’ Zelensky for extorting US ahead of talks with Kyiv "For years, globalists have been ripping off the United States. They've been taking money away from the United States, and all we're doing is getting some of it back, and we're going to treat our country fairly," he said. "This country has been ripped off by every nation in the world, every company in the world. We've been ripped off at levels never seen before, and what we're going to do is get it back," he added. Trump has previously imposed tariffs on Mexico and Canada, as well as on China, arguing that these measures are necessary due to border security concerns. He claims that fentanyl is being smuggled into the US through imports from these countries. Also read: ‘Not Biden’s world anymore’: DHS chief says US is now ‘Trump’s country’ as border crackdown continues While many Canadian and Mexican goods covered under the US-Mexico-Canada Agreement (USMCA) were initially exempt from his 25% tariffs, Trump confirmed that these exemptions will end next month. Explaining his leniency, Trump said, "We're a big, big country, and they do a lot of their business with us, whereas in our case it's much less significant. We do very little with Canada by comparison, and I wanted to help the American carmakers until April 2nd." On Friday, Trump took to Truth Social and accused Canada of cheating the US, saying, "Canada is cheating the United States Farmers on USMCA." Also read: Trump’s golf weekends in Florida cost American taxpayers over $18 million: Report "In 2024, Canada retained Tariffs on various US Goods, particularly in protected sectors like Dairy that are operated under a supply management system," he said. He then proceeded to give examples of the unfair Canada tariffs on US and said, "Some examples of Canadian Tariffs on U.S. Dairy outside of the limited quota include: Milk: Up to 243%, Butter: Up to 298%, Cheese: Up to 245%" Also read: ‘Makes him feel less special’: Trump miffed with UK after King Charles welcomes Zelensky, Trudeau to his home (With inputs from agencies)

‘Tariffs may go up’: Trump warns of higher tariffs on Mexico and Canada, says US is reclaiming what was ‘stolen’

As his tenure as Canada’s Prime Minister nears its end, Justin Trudeau gets emotional while addressing the nation. He reaffirms his commitment to always putting "Canadians first" while also warning of "tough times ahead" amid geopolitical tensions and Donald Trump’s policies. With uncertainty looming over Canada’s future, Trudeau’s speech signals a defining moment in his leadership. Watch in for more details!

Trudeau gets emotional as his tenure as Canada’s PM nears end

Justin Trudeau currently continues to serve as Canada’s Prime Minister and the head of the Liberal Party.  As speculation continues regarding the future of his leadership, names such as Anita Anand, Chrystia Freeland, and Mark Carney are circulating.

Canada: Top candidates who could succeed Justin Trudeau as Canada's next Prime Minister

Justin Trudeau currently continues to serve as Canada’s Prime Minister and the head of the Liberal Party.  As speculation continues regarding the future of his leadership.


Canada: Top Contenders Who Can Replace Justin Trudeau As Canadian PM? | Canada News | WION

Following Canada’s imposition of duties on Chinese steel, aluminum, and EVs in October 2024, China declared retaliatory tariffs targeting Canadian food and agricultural products. 

China Canada: $2.6Bn Canadian Products Face New Chinese Tariffs | China Tariffs | Canada News | WION

Donald Trump has declared that, if Canada does not withdraw it, his administration could impose reciprocal tariffs on Canadian dairy and lumber products as soon as Friday.  

Trump Canada: Donald Trump Slams Canada Of Riping Off US For Years | Trump News | US News | WION

Canada's Liberal Party is set to elect a new leader to replace Justin Trudeau as Prime Minister until the next general elections. With around 400,000 registered voters, the leadership race marks the beginning of Canada's post-Trudeau era. The election results will be announced on March 9, determining who will lead the country in the coming months.

Canada’s Liberal party votes for new Prime Minister amid Trudeau exit

President Donald Trump has delayed imposing tariffs on Canada and Mexico after market concerns led to a significant blowback. However, he confirmed that new tariffs would take effect on April 2 and would be "reciprocal in nature." The decision has sparked reactions from businesses and policymakers.

Trump delays Canada, Mexico tariffs after market reaction

President Donald Trump has warned that his administration could impose reciprocal tariffs on Canadian dairy and lumber products as early as Friday if Canada does not drop its own tariffs.

Trump has vowed broader reciprocal tariffs as soon as April 2

Trump says he may impose tariffs on Canadian dairy and lumber

US President Donald Trump on Thursday signed executive orders to delay some tariffs imposed against Mexico and Canada till April 2. Watch this report for more details!

US President Donald Trump delays some tariffs on Canada, Mexico

President Donald Trump agreed to delay tariffs for one month on some vehicles built in North America after a call with the CEOs of General Motors and Ford and the chair of Stellantis, the White House said Wednesday.

Trump delays 25% tariff on vehicle imports from Mexico, Canada

US Commerce Secretary Howard Lutnick said an announcement on Canada and Mexico tariffs was expected later Wednesday, signaling potential relief for specific sectors such as automobiles, a day after the steep levies took effect.
President Donald Trump's sharp 25 percent tariffs on US imports from Canada and Mexico -- with a lower rate for Canadian energy -- kicked in Tuesday, sending global markets tumbling.
Ottawa swiftly announced retaliatory tariffs, while Mexico City promised countermeasures were to come.
The US president has nominally cited illegal immigration and fentanyl trafficking in imposing the measures, though he frequently mentions trade imbalances when discussing the issue.
Trump is listening to "offers" from the North American neighbors, Lutnick told Bloomberg Television on Wednesday.
He said he expects an announcement to be made Wednesday afternoon.
Lutnick dismissed the possibility of lifting the levies completely, but said Trump is mulling market segments where he could provide temporary relief.
"The president gets to make the decision," Lutnick said. "But our expectation is that it'll be categories."
"It will be 25 percent but it'll be, there will be some categories left out. It could well be autos, could be others as well," he said.
Lutnick maintained, however, that reciprocal tariffs tailored to each US trading partner are still coming on April 2, as promised by Trump.
The levies could affect Mexico and Canada further, addressing their broader trade with the United States, he said.
Trump has vowed "reciprocal tariffs" targeting friend and foe to remedy potential practices deemed as unfair.
While some of these tariffs could come immediately, Lutnick told Bloomberg that others could take "over a month or two to come online."
This week, Trump also inked an order doubling an additional tariff rate on Chinese imports from 10 percent to 20 percent, also over the country's alleged role in illicit fentanyl entering the United States.
The latest US duties pile atop existing ones on various Chinese products.
Beijing hit back swiftly, condemning Washington's "unilateral imposition" of levies and promising 10 percent and 15 percent tariffs on a range of US agricultural imports.
Economists warn that tariff hikes stand to bog down economic growth and add to inflation in the world's biggest economy.
The mounting trade war could complicate Trump's stated aims of bringing cost of living relief to households.
Disclaimer: This story has been published from a news agency feed with minimal edits to adhere to WION's style guide. The headline may have been changed to better reflect the content of the story or to make it more suitable for WION audience.

World: Trump's sharp 25 percent tariffs on US imports from Canada and Mexico -- with a lower rate for Canadian energy -- kicked in Tuesday, sending global markets tumbling.

US Commerce Secretary Howard Lutnick said an announcement on Canada and Mexico tariffs was expected later Wednesday, signaling potential relief for specific sectors such as automobiles, a day after the steep levies took effect. President Donald Trump's sharp 25 percent tariffs on US imports from Canada and Mexico -- with a lower rate for Canadian energy -- kicked in Tuesday, sending global markets tumbling. Ottawa swiftly announced retaliatory tariffs, while Mexico City promised countermeasures were to come. The US president has nominally cited illegal immigration and fentanyl trafficking in imposing the measures, though he frequently mentions trade imbalances when discussing the issue. Trump is listening to "offers" from the North American neighbors, Lutnick told Bloomberg Television on Wednesday. He said he expects an announcement to be made Wednesday afternoon. Lutnick dismissed the possibility of lifting the levies completely, but said Trump is mulling market segments where he could provide temporary relief. "The president gets to make the decision," Lutnick said. "But our expectation is that it'll be categories." "It will be 25 percent but it'll be, there will be some categories left out. It could well be autos, could be others as well," he said. Lutnick maintained, however, that reciprocal tariffs tailored to each US trading partner are still coming on April 2, as promised by Trump. The levies could affect Mexico and Canada further, addressing their broader trade with the United States, he said. Trump has vowed "reciprocal tariffs" targeting friend and foe to remedy potential practices deemed as unfair. While some of these tariffs could come immediately, Lutnick told Bloomberg that others could take "over a month or two to come online." This week, Trump also inked an order doubling an additional tariff rate on Chinese imports from 10 percent to 20 percent, also over the country's alleged role in illicit fentanyl entering the United States. The latest US duties pile atop existing ones on various Chinese products. Beijing hit back swiftly, condemning Washington's "unilateral imposition" of levies and promising 10 percent and 15 percent tariffs on a range of US agricultural imports. Economists warn that tariff hikes stand to bog down economic growth and add to inflation in the world's biggest economy. The mounting trade war could complicate Trump's stated aims of bringing cost of living relief to households. Disclaimer: This story has been published from a news agency feed with minimal edits to adhere to WION's style guide. The headline may have been changed to better reflect the content of the story or to make it more suitable for WION audience.

'Trump's tariffs on Canada, Mexico may get some relief', says commerce secretary

Canada has filed a complaint with the World Trade Organization against the United States over President Donald Trump's dramatic tariff increases, the WTO confirmed on Wednesday.
Late Tuesday, Canadian ambassador to the WTO Nadia Theodore wrote on LinkedIn that "the US decision leaves us with no choice".
She said she had, "on behalf of the government of Canada, requested WTO consultations with the government of the United States in regard to its unjustified tariffs on Canada".
A WTO official confirmed to AFP that "Canada initiated dispute proceedings yesterday against the US at the WTO on the additional tariffs", following a similar complaint filed by Beijing over fresh US levies on Chinese goods.
Shortly after Trump returned to office on January 20 he announced &ndash; and then paused &ndash; blanket 25 percent tariffs on imports from major trading partners Canada and Mexico, accusing them of failing to stop illegal immigration and drug trafficking.
He pushed ahead with them Tuesday, citing a lack of progress on both fronts. And after Canada retaliated, Trump quickly threatened to hit Canada again.&nbsp;
Also read | <a href="https://www.wionews.com/world/very-dumb-thing-to-do-trudeau-on-us-tariffs-as-he-announces-retaliatory-measures-8790886">&lsquo;Very dumb thing to do&rsquo;: Trudeau on US tariffs as he announces retaliatory measures</a>
US Commerce Secretary Howard Lutnick, however, said later that he thought Trump would "work something out" with Mexico and Canada.
Trump also inked an order Monday to increase a previously imposed 10 percent tariff on China to 20 percent &ndash; piling atop existing levies on various Chinese goods.
Shortly after the tariffs on Canadian goods took effect, Prime Minister Justin Trudeau attacked Washington's "dumb" trade war, and accused Trump of trying to cause the collapse of Canada's economy to make it easier for the United States to annex his country.
In her message, Theodore said she had filed her country's complaint while wearing "my suit from Anishinaabe and Canadian fashion designer Lesley Hampton".&nbsp;
And she signed off with "Elbows up" &ndash; the rallying cry of Canada's national sport hockey.
Disclaimer: This story has been published from a news agency feed with minimal edits for grammar and punctuation. The headline may have been changed to better reflect the content of the story or to make it more suitable for WION audience.

World | Late Tuesday, Canadian ambassador to the WTO Nadia Theodore wrote on LinkedIn that "the US decision leaves us with no choice".

Canada has filed a complaint with the World Trade Organization against the United States over President Donald Trump's dramatic tariff increases, the WTO confirmed on Wednesday. Late Tuesday, Canadian ambassador to the WTO Nadia Theodore wrote on LinkedIn that "the US decision leaves us with no choice". She said she had, "on behalf of the government of Canada, requested WTO consultations with the government of the United States in regard to its unjustified tariffs on Canada". A WTO official confirmed to AFP that "Canada initiated dispute proceedings yesterday against the US at the WTO on the additional tariffs", following a similar complaint filed by Beijing over fresh US levies on Chinese goods. Shortly after Trump returned to office on January 20 he announced – and then paused – blanket 25 percent tariffs on imports from major trading partners Canada and Mexico, accusing them of failing to stop illegal immigration and drug trafficking. He pushed ahead with them Tuesday, citing a lack of progress on both fronts. And after Canada retaliated, Trump quickly threatened to hit Canada again. Also read | ‘Very dumb thing to do’: Trudeau on US tariffs as he announces retaliatory measures US Commerce Secretary Howard Lutnick, however, said later that he thought Trump would "work something out" with Mexico and Canada. Trump also inked an order Monday to increase a previously imposed 10 percent tariff on China to 20 percent – piling atop existing levies on various Chinese goods. Shortly after the tariffs on Canadian goods took effect, Prime Minister Justin Trudeau attacked Washington's "dumb" trade war, and accused Trump of trying to cause the collapse of Canada's economy to make it easier for the United States to annex his country. In her message, Theodore said she had filed her country's complaint while wearing "my suit from Anishinaabe and Canadian fashion designer Lesley Hampton". And she signed off with "Elbows up" – the rallying cry of Canada's national sport hockey. Disclaimer: This story has been published from a news agency feed with minimal edits for grammar and punctuation. The headline may have been changed to better reflect the content of the story or to make it more suitable for WION audience.

‘Leaves us with no choice’: Canada files WTO complaint against Trump’s hefty tariffs

In a press conference on Tuesday (Mar 4), Prime Minister Justin Trudeau called US President Donald Trump’s decision to impose tariffs on Canadian goods “a very dumb thing to do”. Watch to know more!

Trudeau Slams 'Dumb' Tariffs, Says Trump Wants To Ruin Canadian Economy

In a press conference on Tuesday (Mar 4), Prime Minister Justin Trudeau called US President Donald Trump&rsquo;s decision to impose tariffs on Canadian goods &ldquo;a very dumb thing to do&rdquo;.
Trudeau said, &ldquo;Now, it&rsquo;s not in my habit to agree with the Wall Street Journal, but Donald, they point out that even though you&rsquo;re a very smart guy, this is a very dumb thing to do. We two friends fighting is exactly what our opponents around the world want to see.&rdquo;
Also read | <a href="https://www.wionews.com/autonews/trump-imposes-canada-mexico-tariffs-as-trade-war-fears-mount-markets-sink-8777209">Trump imposes Canada, Mexico tariffs as trade war fears mount; markets sink</a>
The Canadian PM said that he would challenge the &ldquo;illegal actions&rdquo; by the US at the World Trade Organisation, saying they violate the free trade agreement between the two countries.
<h2>Canada imposes retaliatory tariffs</h2>
Canada has already imposed retaliatory tariffs on $30 billion worth of US goods and threatened to impose more levies on the remaining $125 billion worth of goods in 21 days.
&ldquo;Our tariffs will remain in place until the US tariffs are withdrawn, and not a moment sooner. And should these tariffs not cease, we are in active and ongoing discussions with provinces and territories to pursue several non-tariff measures, measures which will demonstrate that there are no winners in a trade war,&rdquo; the prime minister said.
Also read | <a href="https://www.wionews.com/world/us-stocks-plunge-as-donald-trump-says-no-room-left-for-mexico-and-canada-to-avoid-tariffs-8775841">Trump says 'no room left' for Mexico, Canada to avoid tariffs, raises China tariffs to 20 per cent</a>
&ldquo;We have laid out extensive plans, actions, cooperations, including as recently as the past days in Washington, and they have always been very well received, and the numbers bear that out,&rdquo; Trudeau said.
<h2>&lsquo;He wants to see total collapse of Canadian economy&rsquo;</h2>
&ldquo;I think in what President Trump said yesterday, that there is nothing Canada or Mexico can do to avoid these tariffs, underlines very clearly what I think a lot of us have suspected for a long time, that these tariffs are not specifically about fentanyl, even though that is the legal justification he must use to actually move forward with these tariffs.&rdquo;
A day earlier, Trump declared America had no further negotiating space for a trade agreement because of Mexico's inability to stop fentanyl narcotics from entering the United States.
Also read | <a href="https://www.wionews.com/world/us-president-donald-trump-confirms-25-per-cent-tariffs-on-canada-10-tariffs-on-china-8762825">&lsquo;Drugs are still pouring in&rsquo;: Trump confirms 25 per cent tariffs on Canada, Mexico; doubles duty on China</a>
&ldquo;What he wants is to see a total collapse of the Canadian economy, because that will make it easier to annex us, is the second half of his thought. Now, first of all, that&rsquo;s never going to happen. We will never be the 51st state, but yeah, he can do damage to the Canadian economy, and he started this morning,&rdquo; Trudeau said.
<h2>Warning to Americans</h2>
Warning Americans that they will suffer in the trade war as well, the prime minister said, &ldquo;As American families are going to find out, that&rsquo;s going to hurt people on both sides of the border. Americans will lose jobs, Americans will be paying more for groceries, for gas, for cars, for homes, because we have always done best when we work together.&rdquo;
Also read | <a href="https://www.wionews.com/trending/elon-musks-canadian-citizenship-at-risk-250000-citizens-sign-petition-to-revoke-it-over-doge-chiefs-ties-to-donald-trump-8758192">Elon Musk's Canadian citizenship at risk? 250,000 citizens sign petition to strip him of Canada passport</a>
He added, &ldquo;So we are, of course, open to starting negotiations on the customer review, but let us not fool ourselves about what he seems to be wanting.&rdquo;
(With inputs from agencies)

World | The Canadian PM said that he would challenge the “illegal actions” by the US at the World Trade Organisation, saying they violate the free trade agreement between the two countries.

In a press conference on Tuesday (Mar 4), Prime Minister Justin Trudeau called US President Donald Trump’s decision to impose tariffs on Canadian goods “a very dumb thing to do”. Trudeau said, “Now, it’s not in my habit to agree with the Wall Street Journal, but Donald, they point out that even though you’re a very smart guy, this is a very dumb thing to do. We two friends fighting is exactly what our opponents around the world want to see.” Also read | Trump imposes Canada, Mexico tariffs as trade war fears mount; markets sink The Canadian PM said that he would challenge the “illegal actions” by the US at the World Trade Organisation, saying they violate the free trade agreement between the two countries. Canada imposes retaliatory tariffs Canada has already imposed retaliatory tariffs on $30 billion worth of US goods and threatened to impose more levies on the remaining $125 billion worth of goods in 21 days. “Our tariffs will remain in place until the US tariffs are withdrawn, and not a moment sooner. And should these tariffs not cease, we are in active and ongoing discussions with provinces and territories to pursue several non-tariff measures, measures which will demonstrate that there are no winners in a trade war,” the prime minister said. Also read | Trump says 'no room left' for Mexico, Canada to avoid tariffs, raises China tariffs to 20 per cent “We have laid out extensive plans, actions, cooperations, including as recently as the past days in Washington, and they have always been very well received, and the numbers bear that out,” Trudeau said. ‘He wants to see total collapse of Canadian economy’ “I think in what President Trump said yesterday, that there is nothing Canada or Mexico can do to avoid these tariffs, underlines very clearly what I think a lot of us have suspected for a long time, that these tariffs are not specifically about fentanyl, even though that is the legal justification he must use to actually move forward with these tariffs.” A day earlier, Trump declared America had no further negotiating space for a trade agreement because of Mexico's inability to stop fentanyl narcotics from entering the United States. Also read | ‘Drugs are still pouring in’: Trump confirms 25 per cent tariffs on Canada, Mexico; doubles duty on China “What he wants is to see a total collapse of the Canadian economy, because that will make it easier to annex us, is the second half of his thought. Now, first of all, that’s never going to happen. We will never be the 51st state, but yeah, he can do damage to the Canadian economy, and he started this morning,” Trudeau said. Warning to Americans Warning Americans that they will suffer in the trade war as well, the prime minister said, “As American families are going to find out, that’s going to hurt people on both sides of the border. Americans will lose jobs, Americans will be paying more for groceries, for gas, for cars, for homes, because we have always done best when we work together.” Also read | Elon Musk's Canadian citizenship at risk? 250,000 citizens sign petition to strip him of Canada passport He added, “So we are, of course, open to starting negotiations on the customer review, but let us not fool ourselves about what he seems to be wanting.” (With inputs from agencies)

‘Very dumb thing to do’: Trudeau on US tariffs as he announces retaliatory measures

As US President Donald Trump announced coming into effect the tariffs he imposed against Mexico, Canada, and China, eventually it will be affecting the Americans too, as these nations also imposed retaliatory measures against the US.&nbsp;
Whether in groceries, electronic items, or car dealerships, Americans are going to face a lot of trouble as the ongoing trade war will lead to higher prices of these products in the US.&nbsp;
Trump on Monday officially confirmed his decision to implement 25% tariffs on imports from Canada and Mexico starting Tuesday, which will create further trade tensions between the three United States' neighbouring countries and cause substantial market instability.&nbsp;
Also read: <a href="https://www.wionews.com/autonews/trump-imposes-canada-mexico-tariffs-as-trade-war-fears-mount-markets-sink-8777209">Trump imposes Canada, Mexico tariffs as trade war fears mount; markets sink</a>
Now, the extra dab of guacamole on your burrito is going to cost more in the coming days as the prices of Mexican avocadoes, beer, and tequila are likely to rise.&nbsp;
Last month, Trump warned that his new tariffs could cause "some pain".
White House trade adviser, Peter Navarro, in an interview with CNBC on Monday, said that the effect of tariffs on consumer goods would be relatively "small", given the Trump administration's simultaneous plans to deregulate industry, reduce the size of the federal government, and expand energy production.
However, trading data and economic studies have suggested that American consumers are likely to see a hike in prices on a wide range of products, including vegetables, meat, cell phones, and cars.&nbsp;
&ldquo;Because of the combination of these three countries, it&rsquo;s going to be difficult to go down an aisle of a grocery store and not see some sort of inflationary effect,&rdquo; said Jason Miller, a professor of supply chain management at Michigan State University.
Also read: <a href="https://www.wionews.com/world/us-president-donald-trump-considering-sanction-relief-for-russia-report-8777720">US President Donald Trump considering sanction relief for Russia: Report</a>
<h2>How will grocery prices in US be affected?</h2>
<h3>Fresh produce</h3>
Fresh produce, the maximum of which is imported from Mexico, is one of the first categories that is likely to be affected. The hike in prices is likely to come into effect within a couple of weeks.&nbsp;
These items, including avocados, tomatoes, and strawberries, have a short shelf life. Grocery stores lack substantial inventory, meaning that consumers will quickly find produce that is subject to Trump's tariffs.&nbsp;
<h3>Liquor</h3>
The surge in prices is also going to affect liquor aisles, especially beer and tequila. In 2023, nearly three-quarters of US agricultural imports from Mexico consisted of vegetables, fruits, beverages, and distilled spirits.&nbsp;
Also read: <a href="https://www.wionews.com/world/how-china-is-targeting-us-agriculture-with-retaliatory-tariffs-as-trump-begins-trade-war-8777689">How China is targeting US agriculture with retaliatory tariffs as Trump begins trade war</a>
<h3>Agricultural products&nbsp;</h3>
The US has been importing a wide range of agricultural products from Canada, including meat and grains.&nbsp;
Moreover, maple syrup would also become even more costlier as Canada accounts for roughly 70 per cent of global maple syrup production. Notably, more than 60 per cent of its maple exports went to the US in 2023.&nbsp;
<h3>Car prices&nbsp;</h3>
The incoming tariffs are also going to affect car prices for Americans. This is because auto manufacturers ship tens of billions of dollars worth of finished vehicles as well as engines, transmissions, and other components.&nbsp;
Meanwhile, goods worth billions of dollars are imported from Chinese part manufacturers.
Also read: <a href="https://www.wionews.com/world/canada-to-impose-retaliatory-tariffs-on-us-says-trudeau-8776043">'Americans will pay more for groceries, lose jobs'; Canada set to impose retaliatory tariffs on US</a>
(With inputs from agencies)

World: Whether in groceries, electronic items, or car dealerships, Americans are going to face a lot of trouble as the ongoing trade war will cause a hike in prices.

As US President Donald Trump announced coming into effect the tariffs he imposed against Mexico, Canada, and China, eventually it will be affecting the Americans too, as these nations also imposed retaliatory measures against the US. Whether in groceries, electronic items, or car dealerships, Americans are going to face a lot of trouble as the ongoing trade war will lead to higher prices of these products in the US. Trump on Monday officially confirmed his decision to implement 25% tariffs on imports from Canada and Mexico starting Tuesday, which will create further trade tensions between the three United States' neighbouring countries and cause substantial market instability. Also read: Trump imposes Canada, Mexico tariffs as trade war fears mount; markets sink Now, the extra dab of guacamole on your burrito is going to cost more in the coming days as the prices of Mexican avocadoes, beer, and tequila are likely to rise. Last month, Trump warned that his new tariffs could cause "some pain". White House trade adviser, Peter Navarro, in an interview with CNBC on Monday, said that the effect of tariffs on consumer goods would be relatively "small", given the Trump administration's simultaneous plans to deregulate industry, reduce the size of the federal government, and expand energy production. However, trading data and economic studies have suggested that American consumers are likely to see a hike in prices on a wide range of products, including vegetables, meat, cell phones, and cars. “Because of the combination of these three countries, it’s going to be difficult to go down an aisle of a grocery store and not see some sort of inflationary effect,” said Jason Miller, a professor of supply chain management at Michigan State University. Also read: US President Donald Trump considering sanction relief for Russia: Report How will grocery prices in US be affected? Fresh produce Fresh produce, the maximum of which is imported from Mexico, is one of the first categories that is likely to be affected. The hike in prices is likely to come into effect within a couple of weeks. These items, including avocados, tomatoes, and strawberries, have a short shelf life. Grocery stores lack substantial inventory, meaning that consumers will quickly find produce that is subject to Trump's tariffs. Liquor The surge in prices is also going to affect liquor aisles, especially beer and tequila. In 2023, nearly three-quarters of US agricultural imports from Mexico consisted of vegetables, fruits, beverages, and distilled spirits. Also read: How China is targeting US agriculture with retaliatory tariffs as Trump begins trade war Agricultural products The US has been importing a wide range of agricultural products from Canada, including meat and grains. Moreover, maple syrup would also become even more costlier as Canada accounts for roughly 70 per cent of global maple syrup production. Notably, more than 60 per cent of its maple exports went to the US in 2023. Car prices The incoming tariffs are also going to affect car prices for Americans. This is because auto manufacturers ship tens of billions of dollars worth of finished vehicles as well as engines, transmissions, and other components. Meanwhile, goods worth billions of dollars are imported from Chinese part manufacturers. Also read: 'Americans will pay more for groceries, lose jobs'; Canada set to impose retaliatory tariffs on US (With inputs from agencies)

Avocados, maple syrup to cars: How US tariffs will hurt Americans as trade war begins

Day after US President Donald Trump confirmed his decision to implement tariffs, China and Canada announced retaliatory measures against America.&nbsp;
Trump's new tariffs include a 25 per cent levy on most imports from Canada and Mexico, with an additional 10 per cent tariff on Canadian energy exports. Moreover, he also increased tariffs on Chinese goods from 10 per cent to 20 per cent.&nbsp;
China on Tuesday (March 4) responded by imposing additional tariffs of 10-15 per cent on a variety of US agricultural imports.&nbsp;
China's finance ministry said that the tariffs would be imposed starting next week.&nbsp;
Also read: <a href="https://www.wionews.com/autonews/trump-imposes-canada-mexico-tariffs-as-trade-war-fears-mount-markets-sink-8777209">Trump imposes Canada, Mexico tariffs as trade war fears mount; markets sink</a>
It further said that an additional 15 per tariff would be imposed on chicken, wheat, corn, and cotton, with further 10 per cent tariffs on sorghum, soy beans, pork, beef, aquatic products, fruits, vegetables, and dairy products.
Meanwhile, Canadian Prime Minister Justin Trudeau said that his country would impose immediate 25 per cent tariffs on over USD 20 billion worth of US imports.&nbsp;
Further, he said to impose tariffs on an additional USD 86 billion worth of products in 21 days.&nbsp;
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"Our tariffs will remain in place until the U.S. trade action is withdrawn," Trudeau said, adding that tariffs will disrupt an incredibly successful trading relationship.&nbsp;
Moreover, Mexico&rsquo;s President Claudia Sheinbaum was also expected to announce her response on Tuesday morning.&nbsp;
On Monday, Trump declared at the White House that Mexico and Canada "will have to install a tariff system." The companies must construct their manufacturing facilities, including car plants, within U.S. territory because this option eliminates all tariffs.&nbsp;
Also read: <a href="https://www.wionews.com/world/us-president-donald-trump-confirms-25-per-cent-tariffs-on-canada-10-tariffs-on-china-8762825">&lsquo;Drugs are still pouring in&rsquo;: Trump confirms 25 per cent tariffs on Canada, Mexico; doubles duty on China</a>
He said that starting at 12:01 a.m. EST on Tuesday (0501 GMT) US Customs and Border Protection will implement a 25% duty on Canadian and Mexican goods, and Canadian energy exports will be subject to a 10% tariff. These new Chinese export duties will be enacted at precisely the same moment.
Stocks suffered a rapid market decline when Trump issued his announcement, and bond yield rates decreased. Market participants panicked because they foresaw economic challenges for Mexico and Canada, which led to a depreciation of their national currencies.&nbsp;
<h2>Mexico hits back</h2>
Mexico President Claudia Sheinbaum sais that the country will hit back at US President Donald Trump's tariffs with retaliatory duties of its own.&nbsp;
There was "no reason or justification" for Trump's decision, she said at her morning news conference.
Also read: <a href="https://www.wionews.com/world/russia-china-want-to-hire-federal-employees-elon-musk-doge-us-president-donald-trumps-cost-cutting-efforts-8768824">'Bitter, out of job': Russia, China want to hire federal employees laid off under Trump's cost-cutting&nbsp;efforts</a>
(With inputs from agencies)

World: Trump's new tariffs include a 25% levy on most imports from Canada and Mexico, with an additional 10% tariff on Canadian energy exports. Tariffs on Chinese goods have also increased to 20%.

Day after US President Donald Trump confirmed his decision to implement tariffs, China and Canada announced retaliatory measures against America. Trump's new tariffs include a 25 per cent levy on most imports from Canada and Mexico, with an additional 10 per cent tariff on Canadian energy exports. Moreover, he also increased tariffs on Chinese goods from 10 per cent to 20 per cent. China on Tuesday (March 4) responded by imposing additional tariffs of 10-15 per cent on a variety of US agricultural imports. China's finance ministry said that the tariffs would be imposed starting next week. Also read: Trump imposes Canada, Mexico tariffs as trade war fears mount; markets sink It further said that an additional 15 per tariff would be imposed on chicken, wheat, corn, and cotton, with further 10 per cent tariffs on sorghum, soy beans, pork, beef, aquatic products, fruits, vegetables, and dairy products. Meanwhile, Canadian Prime Minister Justin Trudeau said that his country would impose immediate 25 per cent tariffs on over USD 20 billion worth of US imports. Further, he said to impose tariffs on an additional USD 86 billion worth of products in 21 days. Also read: 'Americans will pay more for groceries, lose jobs'; Canada set to impose retaliatory tariffs on US "Our tariffs will remain in place until the U.S. trade action is withdrawn," Trudeau said, adding that tariffs will disrupt an incredibly successful trading relationship. Moreover, Mexico’s President Claudia Sheinbaum was also expected to announce her response on Tuesday morning. On Monday, Trump declared at the White House that Mexico and Canada "will have to install a tariff system." The companies must construct their manufacturing facilities, including car plants, within U.S. territory because this option eliminates all tariffs. Also read: ‘Drugs are still pouring in’: Trump confirms 25 per cent tariffs on Canada, Mexico; doubles duty on China He said that starting at 12:01 a.m. EST on Tuesday (0501 GMT) US Customs and Border Protection will implement a 25% duty on Canadian and Mexican goods, and Canadian energy exports will be subject to a 10% tariff. These new Chinese export duties will be enacted at precisely the same moment. Stocks suffered a rapid market decline when Trump issued his announcement, and bond yield rates decreased. Market participants panicked because they foresaw economic challenges for Mexico and Canada, which led to a depreciation of their national currencies. Mexico hits back Mexico President Claudia Sheinbaum sais that the country will hit back at US President Donald Trump's tariffs with retaliatory duties of its own. There was "no reason or justification" for Trump's decision, she said at her morning news conference. Also read: 'Bitter, out of job': Russia, China want to hire federal employees laid off under Trump's cost-cutting efforts (With inputs from agencies)

How China is targeting US agriculture with retaliatory tariffs as Trump begins trade war

Canada is bracing for US President Donald Trump’s sweeping tariffs. The tariffs are expected to hit the Canadian economy hard, with some economics warning Canada could dip into a period of recession. Watch this report for more details!

One-month delay in US tariff implementation ends on March 4

President <a href="https://www.wionews.com/tags/donald-trump" rel="dofollow noopener" target="_blank">Donald Trump</a> on Thursday (Feb 27) confirmed that 25 per cent tariffs on imports from Canada and Mexico will take effect next week, and&nbsp;also announced an additional 10 per cent tax on goods from China.
In a Truth Social post on Thursday, Trump justified the tariffs by citing ongoing drug trafficking issues, claiming that substances from the United States&rsquo; North American neighbours are still entering the country at dangerous levels.
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"Drugs are still pouring into our Country from Mexico and Canada at very high and unacceptable levels. A large percentage of these Drugs, much of them in the form of Fentanyl, are made in, and supplied by China. More than 100,000 people died last year due to the distribution of these dangerous and highly addictive POISONS. Millions of people have died over the last two decades. The families of the victims are devastated and, in many instances, virtually destroyed," he said.
The president insisted that the situation could not continue unchecked. &ldquo;We cannot allow this scourge to continue to harm the USA, and therefore, until it stops, or is seriously limited, the proposed TARIFFS scheduled to go into effect on MARCH FOURTH will, indeed, go into effect, as scheduled,&rdquo; he wrote.
Trump also confirmed that China would face an extra 10&nbsp;per cent tariff on the same date, adding that, &ldquo;The April Second Reciprocal Tariff date will remain in full force and effect. Thank you for your attention to this matter. GOD BLESS AMERICA!&rdquo;
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The move is expected to escalate trade tensions with key partners. Both Canada and Mexico had previously warned they would introduce retaliatory measures if the tariffs were imposed. The decision could also have economic consequences, potentially leading to higher consumer prices and slower growth, which may trigger political backlash.
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However, Trump, who has long advocated for strong tariffs, remains committed to his trade agenda. As part of his broader plan, he intends to reset tariffs on April 2 to match the rates that he believes other countries impose on American goods.
On Wednesday, Trump also said that European nations would be subjected to a 25&nbsp;per cent tariff. 
(With inputs from agencies)

World: In a Truth Social post on Thursday, Trump justified the tariffs by citing ongoing drug trafficking issues, claiming that substances from the United States’ North American neighbours are still entering the country at dangerous levels.

President Donald Trump on Thursday (Feb 27) confirmed that 25 per cent tariffs on imports from Canada and Mexico will take effect next week, and also announced an additional 10 per cent tax on goods from China. In a Truth Social post on Thursday, Trump justified the tariffs by citing ongoing drug trafficking issues, claiming that substances from the United States’ North American neighbours are still entering the country at dangerous levels. Also read: At least 10 injured after car rams into pedestrians in a 'suspected terror attack' in Israel "Drugs are still pouring into our Country from Mexico and Canada at very high and unacceptable levels. A large percentage of these Drugs, much of them in the form of Fentanyl, are made in, and supplied by China. More than 100,000 people died last year due to the distribution of these dangerous and highly addictive POISONS. Millions of people have died over the last two decades. The families of the victims are devastated and, in many instances, virtually destroyed," he said. The president insisted that the situation could not continue unchecked. “We cannot allow this scourge to continue to harm the USA, and therefore, until it stops, or is seriously limited, the proposed TARIFFS scheduled to go into effect on MARCH FOURTH will, indeed, go into effect, as scheduled,” he wrote. Trump also confirmed that China would face an extra 10 per cent tariff on the same date, adding that, “The April Second Reciprocal Tariff date will remain in full force and effect. Thank you for your attention to this matter. GOD BLESS AMERICA!” Also read: ‘US companies can now hire Indians’: Donald Trump on ‘gold card’ visa The move is expected to escalate trade tensions with key partners. Both Canada and Mexico had previously warned they would introduce retaliatory measures if the tariffs were imposed. The decision could also have economic consequences, potentially leading to higher consumer prices and slower growth, which may trigger political backlash. Also read: Donald Trump takes yet another shot at Justin Trudeau, calls him 'Governor' in post on Macron meeting However, Trump, who has long advocated for strong tariffs, remains committed to his trade agenda. As part of his broader plan, he intends to reset tariffs on April 2 to match the rates that he believes other countries impose on American goods. On Wednesday, Trump also said that European nations would be subjected to a 25 per cent tariff. (With inputs from agencies)

‘Drugs are still pouring in’: Trump confirms 25 per cent tariffs on Canada, Mexico; doubles duty on China

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US President Donald Trump's closest adviser, is pushing for expelling Canada out of the Five Eyes intelligence alliance as POTUS presses in on the pressure on Ottawa, a country he wishes to turn into the 51st American state. Watch this report for more details!

Trump adviser pushes for expelling Canada from five eyes alliance: Report

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