On March 4th, 2025, President Trump of the U.S.A. slapped tariffs on Mexico, Canada and China.
From the Wall Street Journal: “President Trump’s 25% tariffs on goods from Mexico and Canada took effect first thing Tuesday [March 4]. Canada responded with plans to impose 25% tariffs on about $100 billion of U.S. imports, with Prime Minister Justin Trudeau saying Trump is acting in ‘bad faith’ and the U.S. president threatening more tariffs. Mexico’s president said it would also retaliate, with a range of moves to be announced Sunday [March 9th]. The U.S. also introduced an extra 10% tariff on Chinese imports overnight, adding to a levy imposed a month ago, and other existing duties. China swiftly announced retaliatory tariffs on U.S. agricultural goods, and other measures against American companies. Beijing also filed a lawsuit with the World Trade Organization .“
The Associated Press reported this detail: “Later in the day, Commerce Secretary Howard Lutnick said the U.S. would likely meet Canada and Mexico ‘in the middle,’ with an announcement coming as soon as Wednesday [March 5]. Lutnick told Fox Business News that the tariffs would not be paused, but that Trump would reach a compromise.”
Think and pray this will help all parties in the long run.