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Trump says EU tariffs will ‘definitely happen’ as Mexico, Canada and China retaliate \nTrump takes softer line on UK, saying ‘I think that one can be worked out’, while Mexico and Canada vow levies and to strengthen ties with each other \n \nPhilip Wen, Léonie Chao-Fong and agencies \nMon 3 Feb 2025 03.57 GMT \nShare \nDonald Trump has threatened to widen the scope of his trade tariffs, repeating his warning that the European Union – and potentially the UK – will face levies, even as he conceded that Americans could bear some of the economic brunt of a nascent global trade war. \n \nIt comes as Trump’s tariffs on Mexico, Canada and China, announced on Saturday, sparked retaliation from all three countries. Mexico and Canada have vowed levies of their own while China and Canada are seeking legal challenges. \n \nTrump said on Sunday night that new tariffs on the EU will “definitely happen”, repeating previous complaints about the large US trade deficit with the bloc and his desire for Europe to import more American cars and agricultural products. \n \nEmpty shelves remain with signs ''Buy Canadian Instead'' after the top five US liquor brands were removed from sale at a British Columbia liquor store in Vancouver. \nAsian sharemarkets tumble in response to Trump tariffs \nRead more \n“It will definitely happen with the European Union, I can tell you that,” he told reporters. “I wouldn’t say there’s a timeline but it’s going to be pretty soon.” \n \nTrump appeared to take a softer line on the UK, citing a good relationship with prime minister Keir Starmer while saying tariffs still “might happen”. “The UK is out of line but I’m sure that one, I think that one can be worked out,” he said. \n \n“Well Prime Minister Starmer’s been very nice, we’ve had a couple of meetings, we’ve had numerous phone calls, we’re getting along very well, we’ll see whether or not we can balance out our budget.” \n \nIn Canada, the department of finance published a list of US products imported into Canada that it will target with a 25% retaliatory tariff starting on Tuesday. \n \nThe list shows products that will be hit in the first round of retaliatory tariffs by Canada starting on Tuesday, and mounts to $30bn Canadian dollars’ worth of goods (about US$20bn). The impacted products include tobacco, produce, household appliances, firearms and military gear. \n \nCanada is also preparing for a second, broader round of retaliatory tariffs in 21 days that will target an additional C$125bn (US$86bn) worth of US imports. The second list would include passenger vehicles, trucks, steel and aluminum products, certain fruits and vegetables, beef, pork, dairy products and more. \n \nFILES-US-CANADA-MEXICO-CHINA-TRADE-TARIFFS<br>(FILES) US President Donald Trump speaks to the press after signing an executive order in the Oval Office of the White House in Washington, DC on January 31, 2025. Trump is imposing steep tariffs on major US trading partners Canada, Mexico and China, with a lower rate on Canadian energy imports, said the White House on February 1, 2025. Washington will impose a 25 percent levy on imports from Canada and Mexico, with a 10 percent rate on Canadian energy resources, until both work with the United States on drug trafficking and immigration. Goods from China, said the White House, would face 10 percent tariffs. (Photo by Mandel NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images) \nTop Democrats warn tariffs will hit Americans hard as Trump says it’s ‘worth the price’ \nRead more \nClaudia Sheinbaum, Mexico’s president, said her government will provide more details on the retaliatory tariffs she ordered on US goods on Monday. Sheinbaum, in a statement on Sunday, said she will announce details on her government’s “plan B” as she insisted that Mexico “doesn’t want confrontation”. \n \n“Problems are not addressed by imposing tariffs, but with talks and dialogue,” she said. “Sovereignty is not negotiable: coordination yes, subordination no.” \n \n'Coordination yes, subordination no': Mexican president responds to Trump's tariffs – video \nSheinbaum and Canadian prime minister Justin Trudeau spoke by phone on Saturday after Trump’s administration imposed the new tariffs – 25% on goods from Canada and Mexico, with a lower rate of 10% for Canadian oil, and 10% on imports from China. \n \nTrudeau’s office said in a statement that Canada and Mexico agreed “to enhance the strong bilateral relations” between their countries. Canadian officials have had extensive dialogue with their Mexican counterparts, but a senior Canadian official said he would not go as far as to say the tariff responses were coordinated. \n \n“Now is the time to choose products made right here in Canada,” Trudeau posted Sunday on X. “Check the labels. Let’s do our part. Wherever we can, choose Canada.” \n \nTrump acknowledged the sweeping tariffs he has imposed on Mexico, Canada and China may cause “short term” pain for Americans as global markets reflected concerns the levies could undermine growth and reignite inflation. Asian markets, cryptocurrencies and US and European stock futures slumped in early Asian trading on Monday. \n \n“We may have short term some little pain, and people understand that. But long term, the United States has been ripped off by virtually every country in the world,” he said. day, Trudeau said: “We’re certainly not looking to escalate, but we will stand up for Canada.” However on Sunday evening, a senior government official from Canada briefing reporters in Ottowa on condition of anonymity said: “We will obviously pursue the legal recourse that we believe we have through the agreements that we share with the United States.” \n \nThe official said the Canadian government considered the move by Trump illegal and said it violates the trade commitments between the two countries under their free trade agreement and under the World Trade Organization. \n \n“If other legal avenues are available to us, they will be considered as well,” the official said. \n \nCanada is the largest export market for 36 states, and Mexico is the largest trading partner of the US. \n \nCanada and Mexico ordered the tariffs despite Trump’s further threat to increase the duties charged if retaliatory levies are placed on US goods. \n \nChina also said it would file a lawsuit against the tariffs. The imposition of tariffs by the US “seriously violates” World Trade Organization (WTO) rules, China’s commerce ministry said in a statement, urging the US to “engage in frank dialogue and strengthen cooperation”. \n \nFiling a lawsuit with the WTO would be a largely symbolic move that Beijing has also taken against tariffs on Chinese-made electric vehicles by the EU. \n \nThe commerce ministry also said the tariffs were “not only unhelpful in solving the US’s own problems, but also undermine normal economic and trade cooperation”. China has said it would take countermeasures to “safeguard its own rights and interests”. It is not clear exactly what form these will take yet. But for weeks Chinese foreign ministry spokesperson Mao Ning has said Beijing believes there is no winner in a trade war. \n \nLate Sunday night, Trump said he would speak with Trudeau on Monday morning and shortly after said he would speak with Mexico as well, although he did not specify that he would speak with Sheinbaum. \n \nBeyond the official response, people were already thinking of ways to cope with Trump’s decision, including by sharing suggestions on social media for alternatives to US products. \n \nCanadian hockey fans booed the US national anthem on Saturday night at two National Hockey League games. The booing continued on Sunday at an NBA game in Toronto where the Raptors played the Los Angeles Clippers. \n \nFrom left to right, Toronto Raptors forwards Bruce Brown, Scottie Barnes and Chris Boucher react as fans boo the United States national anthem before NBA basketball game action against the Los Angeles Clippers in Toronto, Sunday, Feb. 2, 2025. (Frank Gunn/The Canadian Press via AP) \nToronto Raptors fans boo US national anthem after Donald Trump tariffs \nRead more \nOne fan at the Raptors game chose to sit during the anthem while wearing a Canada hat. Joseph Chua, who works as an importer, said he expects to feel the tariffs “pretty directly”. “I’ve always stood during both anthems. I’ve taken my hat off to show respect to the American national anthem, but today we’re feeling a little bitter about things,” he said, adding that he will start to avoid buying US products. \n \nIn the streets, people in Mexico were trying to absorb the announcement on Sunday, although some in the capital acknowledged that they were unaware of the measures. \n \nIn the border city of Mexicali, across from Calexico, California, some people were concerned about the wider implications of a trade war. \n \nDriver Alejandro Acosta says that he crosses the border weekly in his truck to deliver vegetables to US companies. He said he fears US businesses in the Mexicali Valley will no longer want to operate in Mexico and they will move to the US. \n \n“If they raise taxes on the factories here, jobs may also decrease,” he said.

Here’s a list of tariffs Canada has levied on the USA for years now. \n Milk: 270%\nCheese: 245%\nButter: 298%\nChicken: 238%\nSausages: 69.9%\nBarley seed: 57.8%\nBovine/meat: 26.5%\nCars: 25%\nHVAC: 45%\nVacuums: 35%\nCable boxes: 35%\nTVs: 45%\nSteel: 25%\nAluminum: 45%\nCopper: 48%

25% is outrageously high. When it comes to the world economy, you don’t make waves. 10% should be max to start off with. I can agree with many of the changes Trump is making, but not this one.

Why 10 on china and 25 on Canada?

Biggest loser from this trade war is Microsoft's video gaming division.\n\nWhile the Playstation 5 and Nintendo Switch are made in China and Japan, the Microsoft X-Box Series S/X are American made.\n\nAs a result, the PS5 and Nintendo Switch will not face a 25% tariff from the Canadian Government, but the X-Box Series S/X will.\n\nI'm surprised that Bill Gates and Microsoft are not fighting for Canada and Mexico even though they have everything to lose.

If only 1% of drugs entering the U.S. come from Canada as Trudeau says, it’s no surprise that Canada is experiencing over 25,000 overdose deaths a year, with only a 40 million population.

1. The high price of eggs is bec. of Joe Biden! \n2. One economist I saw on CNN said 25% tariffs would only add POINT-6% (0.6) to inflation. The example he gave - if inflation is 2% - it would only go up to 2.6%. That's not going to break anybody's budget. *Biden gave us 22% inflation over four years!*

China should be 25% as well.

We sell million $ steel building structure in the US. \n\n7 of our major clients already confirmed that they will pay the 25% tariff. \n\nIn other words, Americans will pay the 25%. Way to go DJT. ?

Imposing tariffs and endangering free trade is the same as denying climate change or engaging in anti-vaccine nonsense. It is unscientific and will harm those engaging in those fallacies - most likely with higher inflation in the US. Trump imposes 25% on his partners, neighbours and allies and only 10% on China. That tells you a lot.

25% on Canada but 10% on China? Why

Oh no, Jesus says if someone asks you to run a mile, you run 2 miles. Someone asks you for a coat, give him 2 coats. Someone asks you 25% tariff on you, give him 50%. Be generous, be kind, love one another. Do not retaliate. Do you hear me?

Screw 25%, make it 100%! Bring back American jobs or make Canada and Mexico join countries to make us one large country

insted of counter tariffs just up the price on anything usa puts a tariff on,.,.usa puts 25% on energy inported then up the price by 25% more ? Let usa pay the bill 50% extra.,.,. i mean if they can bump the cost on what Trump feels the normal american can aford THEN BUMP IT UP.

hahah. 25% on $1 billion in goods exported to canada, while 25% on %539 billion exported to the US. what a joke Canada is. It would be like telling Bill Gates he is getting a ticket for $1,000 for a parking violation. pointless and no effect. As for Mexico, they export to the US nearly 2x what they import from us, so they are still on the losing side. Just co-operate, simple. Borders should have been closed and monitored by all 3 countries in a co-ordinated effort to help all 3 countries.

China 10 allies 25. Nice

25% is more than fair. We need to get back American jobs. I gladly pay more for avocados and maple syrup.

I don't think the average viewer knows why the US is doing this. They're trying to combat illegal immigration and fentanyl as well as Mexican compliance with the drug cartels.\n\nThe reason tariffs are being used is because America is in a very powerful position when it comes to trade. The american economy doesn't rely on trade like Canada (67%), Mexico (73%) and China (37%). American trade accounts for only 24% of its massive GDP. if you removed all trade from america, it would still have larger economical output than china, mexico and canada COMBINED. yes. Combined. \n\nFurthermore, Canadian trade with america account for almost 80% of all trade in canada. A 25% increase would be absolutely devastating to canada. In america its about 13% so a 25% increase would cost more but it wont have any significant impact.\n\nNo doubt this tarrif war will cause far more problems for canada mexico and china than america. By a LOT. \n\nI dont think america is being selfish either. China does nothing to protect america from sending precursor chemicals to america to manufacture fentanyl. Canada facilitates illegal immigration and fentanyl into america with no accountability. And mexico is illegal immigrants by the MILLIONS and is literally working with the drug cartels. If they sort out those issues the trade war ends. \n\nI think america has every right to go to war to protect its sovereignty and its people.

But this will make people pay 25% more just only target the companies that are linked with Trump. Canada & Mexico China is saying Hello nothing more just hello.

Canadians are happy about this? You guys are smoked man. Punching back against the only other country you touch. Who is going to bring you the rest of the food? Its only going to get worse. Should have tossed in towel. Trump wont stop at 25%. Mistake. Big mistake.

Now our groceries will go up 25% thanks to Turdeau....Foodbank usage will be up 25%

Who will pay the tariffs?? Yup, grassroot americans that soon may find the price of the fruits imported from Mexico jumps up 25% and also the oil price + raw minerals imported from Canada would jump 25% as well, which at the end, would seriously affects the price of end products of some daily items needed by grassroot americans

It's a tax increase so why aren't you calling it higher taxes? The media are so shady at not being direct with the people.\n\n25% increase in import tax that the importer pays to the tariff increasing government. It's a 25% increase in government taxes

So Canada will pay a extra 25% for their Rice Krispies treats and we will pay a extra 25% for our ice cream. Got it.

I don't get it. Canada has been stealing from US tax payers for decades under the 1 sides trade agreements..like for 100s of billions? You bitchin about a 25% tariff? Cry me river. Our President is not a DEI hire like those before . ?cheers!!

No big surprise, here. Trump announced 25% tariffs some time ago. Not much leadership, other than Captain Ford waving his new ball cap! Rich people can afford tariffs, we ordinary people are the one's to feel the pain. Nothing new again!

Canada gives oil to us 20% lower price. Increase it to normal price, plus 25%.

Taco’s and maple sirup is already 25% cheaper here in the Netherlands

People who do not know how the customs duty system works think that the customs duty is paid by the country where the goods are imported, but this is not true. The importer company pays the customs duty in the country that imports. The importer company collects the tax it pays from the people of that country by adding it to the price of the goods it sells in that country. Therefore, a 25% customs duty will cause the price of the products sold in the United States to increase. The increase in product prices will also cause inflation to increase. Inflation will cause the purchasing power of people in the United States to decrease.

If the whole world is ruled by one government.. and presidents are just puppets .. this government orders every country to tariff the other reciprocally then simply the whole world gets taxed 25% and goes deeper into poverty as slavery … one year covid .. one year war … one year tariffs it’s like a chain of events all destroying the middle class

With reciprocal tariffs of 25%, the US is the winner, having a trade deficit of about 55 billion dollars in 2024 with Canada. That is, exports of Canadian products to the US are significantly higher than imports of US products to Canada.

Europe will be next to be tariffed ?????25% tariffs coming to the eu real soon ?????

Question... where does the tariff money go.. when the American importer pays 25% on top of the base costs for the good where does that 25% go? who gets it.

Come on Mexico 25 % on USA ..narcissist racist ...Trump will look so weak when needs to removes them

There’s nothing Canada can do when they have a surplus of 150 billion with US so if US put terrace at 25% and can put Terrace at 25% then Trump put it at 100 who’s gonna feel the pinch everything that has American they have gas they have wood they have all the minerals of Canada has they don’t need Canada for anything. And you think that I’m proud of American. I’m actually Canadian but I’m a realist needs America America doesn’t need Canada.

Good Move US 25% = Canada 25%

US .put 25% tariff on Imports from Canada.\nCanada put 25% tariff on Exports to US.\nBoth additional fee will be passed to American citizen to pay eventually.

25% tarrif on drugs from mexico??

America imports 4M barrels of oil per day from Canada. If Trump would put a 25% tarrif on them and I was Trudeau, I would add an additional 25% export tax onto it. See what the American gasprices will do then. Tarrifs are not the way to go

Give your allies a 25% tariff and your biggest enemy 10%, genius.

Canada and Mexico’s 25% does not actually equal US’s 25%. Canada and Mexico are consumers more than producers. They are both addicted to American investments and products and the US wants to bring jobs back to the US.

Trump will increase the tariffs and add another 25 percent. What will Canada do then?

The US has been running a trade deficit with Mexico, China, and Canada for almost two decades now—Canada only makes up 6% of all US imports while the US makes up 63% of all Canadian imports.\n\nCanada will have to find more trade partners besides the US if it doesn't want its consumers paying 25% more for US goods, most of which are mechanical machinery, automotive parts and vehicles, minerals, medical equipment, energy products, and consumer goods.

Just for perspective….a belligerent communist dictatorship has a 10% tariff ; and friends and allies of America get 25% tariffs. Really sends a message on how America values friendship, peaceful neighbours, loyalty and democracy, doesn’t it?

25% inflation starts next Monday ! ! Stock market will crash Monday !

Trump is a rabid dog. 25% on friends and 10% on China?!?

Trump will impose additional 25% more for Canada! Thank you President trump!

In solidarity all countries should impose 25 percent tarrifs on usa

US tariff 25% for everything except 10% for energy. Canada only tariff about 150 B among 800 billion us import. Is this a huge retaliation.

raise the prices to America by 25%. Our country needs to stop doing this.