Скачать или смотреть Trump tariffs explained: Canada, Mexico trade war to be 'massively impactful,' economic analyst says

Canada and China swiftly announced retaliatory tariffs against the U.S. on Tuesday, shortly after long-threatened levies by the Trump administration on those countries and Mexico took effect.

President Donald Trump's new 25% tariffs on imports from Mexico and Canada were imposed at 12:01 a.m. ET, along with a doubling of duties on some Chinese goods to 20%.

Trump's moves effectively launched new trade conflicts with the United States' top three trading partners and threatened to upend two-way annual trade worth nearly $2.2 trillion in 2024, according to data from the Office of the U.S. Trade Representative. The tit-for-tat tariffs have rattled global markets.

Trump has accused all three countries of not doing enough to clamp down on drugs like the opioid fentanyl entering the U.S. He also says tariffs will boost U.S. manufacturing and prevent other countries from taking American jobs.