Trump launches new trade conflict with Canada, Mexico, and China over tariffs

zerohedge.com

This week, former President Trump initiated a new trade conflict, threatening tariffs on Canada, Mexico, and China. Mexican President Claudia Sheinbaum responded with a warning of retaliatory tariffs, but later described a productive phone call with Trump regarding border security. Canadian Prime Minister Justin Trudeau took a less confrontational approach, stating he had a good conversation with Trump and emphasized unity among Canadian leaders in response to the tariff threats. China reacted calmly, urging the U.S. to appreciate its goodwill on issues related to fentanyl trafficking. The tensions stem from ongoing concerns about illegal immigration and drug production, particularly fentanyl, which has shifted from China to Mexico.


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