Context of Tariff Imposition

US President signed an order imposing tariffs on imports from Mexico, Canada, and China.

Reasons for Tariffs

• US President stated the tariffs were necessary to protect Americans.
• Aimed at curbing: 
  • Manufacture and export of illicit fentanyl.
  • Illegal immigration from Canada and Mexico into the US.

Economic Impact

The tariffs could lead to significant inflation affecting consumers.

• 10% duties on imports from China.
• 25% duties on imports from Mexico and Canada.
• 10% tax on energy imports from Canada, such as oil and natural gas.

Retaliation from North American Neighbors

Canada's Response

• Canadian Prime Minister announced matching 25% tariffs on $155 billion of US imports.
• Highlighted historical support from Canada to the US.

Mexico's Response

• President rejected accusations of alliances with criminal organizations.
• Announced retaliatory tariffs and other defensive measures.
• Cited the US's lack of action against drug sales and money laundering as contributors to the problem.

Actions by Canadian Provinces

• British Columbia Premier called for boycotting US liquor from "red" states.
• Removed American alcohol brands from government store shelves.