U.S. President Donald Trump has ordered new tariffs on Canada, Mexico, and China, citing a national emergency over fentanyl trafficking and illegal immigration. The move, set to take effect on Tuesday, is expected to strain trade relations and disrupt key industries.
Trump’s executive orders impose 25% tariffs on Canadian and Mexican imports and 10% duties on Chinese goods. Canadian oil will face a 10% tariff, while Mexican energy imports will be taxed at the full 25% rate. The auto industry is expected to be among the hardest hit, as tariffs disrupt North American supply chains.
The White House stated that the tariffs would remain “until the crisis is resolved” but provided no specifics on what actions the affected countries must take.
Canada and Mexico Vow Retaliation
The announcement was met with immediate backlash from Canada and Mexico, both of which have vowed to respond.
Ontario Premier Doug Ford supported a "strong and forceful response," while Nova Scotia officials ordered U.S. alcohol removed from store shelves. Mexico’s Economy Ministry is also preparing countermeasures.
Trump’s move follows through on longstanding threats made during the 2024 campaign. However, economists warn that the tariffs could shrink U.S. growth by 1.5 percentage points, push Canada and Mexico into recession, and cause stagflation—a combination of slowing economic growth and rising inflation.
Markets React, Trump Defends Move
Financial markets reacted sharply, with the Mexican peso and Canadian dollar weakening and U.S. stock prices falling.
Despite concerns, Trump defended the tariffs, saying they were necessary to pressure China, Mexico, and Canada to take stronger action on fentanyl trafficking and border security.
The White House confirmed that no exemptions would be granted, and Trump may escalate duties further if Canada, Mexico, or China retaliate.
President Donald Trump and U.K. Prime Minister Keir Starmer have reached a trade agreement that lowers U.S. tariffs on British autos, steel, and aluminum, while maintaining a 10% baseline tariff on other goods and boosting American exports of beef and ethanol.
Start your day informed with AnewZ Morning Brief: here are the top news stories for May 9th , covering the latest developments you need to know.
Before becoming Pope Leo XIV, Cardinal Robert Prevost shared rare insights on faith, unity, and modern challenges in a few candid interviews.
A humanitarian ship carrying 20,000 tons of Ukrainian wheat docked in Samsun, Türkiye, on Thursday, marking a major World Food Program initiative to supply crisis-hit regions, including Syria.
North Korea’s leader Kim Jong Un supervised a missile test on Thursday, emphasizing the nation's nuclear combat readiness, according to state media KCNA.
President Donald Trump and U.K. Prime Minister Keir Starmer have reached a trade agreement that lowers U.S. tariffs on British autos, steel, and aluminum, while maintaining a 10% baseline tariff on other goods and boosting American exports of beef and ethanol.
Start your day informed with AnewZ Morning Brief: here are the top news stories for May 9th , covering the latest developments you need to know.
Each year, Italians gather in Monte di Nese to commemorate a little-known World War II tragedy—the massacre of Azerbaijani soldiers who resisted fascist forces in 1945 and paid with their lives for choosing freedom.
Britain's King Charles has called on the world to work toward lasting peace and preventing future wars during a speech marking the end of four days of events celebrating the 80th anniversary of Victory in Europe (VE) Day.
Before becoming Pope Leo XIV, Cardinal Robert Prevost shared rare insights on faith, unity, and modern challenges in a few candid interviews.
India has fired a series of missiles into Pakistani-controlled territory, in what it has described as “Operation Sindoor”
For the first time in history, an American has been chosen to lead the Catholic Church, as Cardinal Robert Prevost is named pope.
Discover every major VE Day 80 event in Britain, 5‑8 May 2025—from London’s parade and fly‑past to street parties, concerts and museum exhibitions.
Chinese e-commerce platform Temu has announced it will no longer sell goods directly from China to U.S. customers, shifting instead to U.S.-based sellers amid the closure of a long-criticized customs loophole.
Cardinals from 70 nations have gathered in Vatican City to begin the historic conclave to elect the next pope, following the death of Pope Francis 17 days ago. This conclave is the most geographically diverse in Church history, showcasing Francis’ legacy of inclusivity.
President Donald Trump and U.K. Prime Minister Keir Starmer have reached a trade agreement that lowers U.S. tariffs on British autos, steel, and aluminum, while maintaining a 10% baseline tariff on other goods and boosting American exports of beef and ethanol.
Start your day informed with AnewZ Morning Brief: here are the top news stories for May 9th , covering the latest developments you need to know.
Each year, Italians gather in Monte di Nese to commemorate a little-known World War II tragedy—the massacre of Azerbaijani soldiers who resisted fascist forces in 1945 and paid with their lives for choosing freedom.
Britain's King Charles has called on the world to work toward lasting peace and preventing future wars during a speech marking the end of four days of events celebrating the 80th anniversary of Victory in Europe (VE) Day.
Before becoming Pope Leo XIV, Cardinal Robert Prevost shared rare insights on faith, unity, and modern challenges in a few candid interviews.
President Donald Trump and U.K. Prime Minister Keir Starmer have reached a trade agreement that lowers U.S. tariffs on British autos, steel, and aluminum, while maintaining a 10% baseline tariff on other goods and boosting American exports of beef and ethanol.
Start your day informed with AnewZ Morning Brief: here are the top news stories for May 9th , covering the latest developments you need to know.
Each year, Italians gather in Monte di Nese to commemorate a little-known World War II tragedy—the massacre of Azerbaijani soldiers who resisted fascist forces in 1945 and paid with their lives for choosing freedom.
Britain's King Charles has called on the world to work toward lasting peace and preventing future wars during a speech marking the end of four days of events celebrating the 80th anniversary of Victory in Europe (VE) Day.
Before becoming Pope Leo XIV, Cardinal Robert Prevost shared rare insights on faith, unity, and modern challenges in a few candid interviews.
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