Trump’s Tariffs Backfire: Canada Strikes Back While US Markets Lose $3.6 Trillion

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Trump’s Tariffs Backfire: Canada Strikes Back While US Markets Lose $3.6 Trillion

It’s scary to think that the United States has officially set off what could become the most aggressive trade war in modern history. President Donald Trump has officially imposed a massive wave of tariffs on three of America’s biggest trading partners—Canada, Mexico, and China—setting the stage for economic retaliation that could spiral into something far more serious. This isn’t just about trade anymore; it’s about power, control, and the very future of global economic alliances.
The numbers are staggering. All imports from Mexico will now be hit with a 25% tariff—every single product, from cars to avocados to medical equipment. Canada is facing the same 25% tariff across its exports, but with an additional sting: a special 10% levy specifically targeting Canadian energy. Meanwhile, China’s existing tariffs have been doubled, jumping from 10% to 20%, putting further strain on an already fragile economic relationship between Washington and Beijing.

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I'm living in the U.S. & know what you mean. I've met NO ONE WHO AGREES WITH WHAT HE's thinking/doing. He has NO right to expect no push back; he deserves whatever he brings upon himself. Utterly disastrous in every way!

pwmmc
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I am an Australian and was planning to visit the US later this year. Well, I've changed my plans and will now be booking a three-week winter holiday in Canada! I and everyone I know here support a free Canada, our Commonwealth cousin. Aussies love Canadians! Canadians, come and trade your cold winter and come DownUnder, visit Australia where it is summer in Dec/Jan!

maryjones
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Trump may have done Canada the huge positive impact of true unification. Stay united, Canada!

celestecv
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I love you even more than I did before Canada!!! Keep it UP!!

johnlee
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Well done Canada
Do Don’t stop fight back
You will win

aggierees
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When prime minister Trudeau went to Mara lago it was to explain tariffs to him. Our prime minister had to go to maralago because as a convicted felon trumputin is not allowed to cross our Canadian border
Trumputin has managed to unite Britain, the EU and Canada.

annylaurie
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Canada can NEVER back down to I live in Minnesota, a neighbor to the beautiful country and people of Canada. I'm ashamed of what our government is doing. Something is wrong. Our government is supposed to be set up so that one person can't do things like this. I don't get it. Im so sorry. 😢

sarahm
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These tariffs is not hurting Trump, but is hurting the people, but that may be the "kick in th ass we need to get this 'piece is shit out of office.'

melodyyo
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Thanks alot and God bless great CANADA

SRSKlima-nvil
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Go for it, Canada! ❤ Don't let Trump bully us. Let him learn his lesson—he brought this on himself.

new.horizon.
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Im an Aussie, and I support Canada. My father was a very proud Canadian, if he was stll alive he would certainly be against the USA.

katewebber
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There's nothing as bad as bullying. Trump is not democratic but autocratic. This will hurt Americans in the long run. Don't create enemies with your neighbors because you will need them at some point.

ned
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Around the globe we know that the fentanyl problem in the US is not because of Canada. Donald why do you insist on treating the rest of the world as if we are stupid? That role is taken !

victoriaramsay
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This. Yes All of this.., from a man, a POTUS., who claims "He" Love's America.
Actions speak Louder than words.

evelyn
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Even for a clueless person, he knows nothing! 🙄

DemocracyEver-fs
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Americans hate what trump is doing and encourages Canada to continue the tariffs until trump has resigned, died, or is imprisoned for life!

liberatedwoman
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VIVA GREEN LAND 💚 VIVA UKRAINE 🇺🇦 VIVA MEXICO 🇲🇽 VIVA UKRAINE 🇺🇦 VIVA PANAMA 🇵🇦 VIVA GULF OF MEXICO 🇲🇽 VIVA CANADA 🇨🇦

DuaneMondragon
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Canada is a free and sovereign country, NATO member and NOT for sale ! 🇨🇦

tonystark
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I am a US citizen living in Canada, I don't like what trump is doing he's destroying US, Canada relationship for his own gain.

MrChrissani
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The new leader of the Liberal Party, Mark Carney, said Canada s tariffs stay until the US tariffs are removed and the US shows respect.

psbregman