Trade War Heats Up After Trump Orders Tariffs and Canada Retaliates
Amid warnings of price increases, Canada moved quickly to retaliate, China said it had planned countermeasures and Mexico said it would soon unveil its response.
Amid warnings of price increases, Canada moved quickly to retaliate, China said it had planned countermeasures and Mexico said it would soon unveil its response.
Mr. Trump is trying use tariffs to force Mexico to better guard its border with the United States, but Mexican officials say the tariffs will only hurt both countries.
Whether it is over TikTok, fentanyl or trade, Beijing might welcome a compromise to buy time to address its ailing economy and bolster its position globally.