Canada, China and Mexico strike back as Trump’s tariffs go into effect

President Donald Trump hit imports from Canada and Mexico with 25% tariffs overnight, alongside an additional 10% tariff on goods from China imposed Monday.

The import duties are aimed at forcing more cooperation from Canada, China and Mexico on stopping illegal immigration and drug smuggling into the U.S., Trump said.

Mexican President Claudia Sheinbaum announced Tuesday that her government plans to respond to the U.S. tariffs with its own tariff and nontariff measures starting Sunday.

Canadian...

https://www.freightwaves.com/news/canada-china-and-mexico-strike-back-as-trumps-tariffs-go-into-effect

Trump raises tariffs on Chinese goods another 10%

President Donald Trump signed an executive order Monday to raise tariffs on imports from China by an additional 10%, while reaffirming tariffs on goods from Canada and Mexico will go into effect Tuesday.

Trump’s order said Chinese imports will now face 20% tariffs “over their failure to address the fentanyl pouring into our country,” according to a post on X.

Authorities in China are formulating countermeasures in response to the U.S. tariffs, according to The Global Times, a newspaper of China’s...

https://www.freightwaves.com/news/trump-raises-tariffs-on-chinese-goods-another-10

Canada, Mexico tariffs a ‘fluid situation,’ Commerce head says 

President Donald Trump plans to go forward with import tariffs on Canadian and Mexican goods on Tuesday, possibly starting a North American trade war.

The import duties are aimed at forcing more cooperation from Canada and Mexico on stopping illegal immigration and drug smuggling into the U.S., Trump said.

The Trump administration said tariffs will be imposed, despite a boost in border security and a diplomatic push by both Canadian and Mexican officials to finalize an agreement before the...

https://www.freightwaves.com/news/canada-mexico-tariffs-a-fluid-situation-commerce-head-says

Trump, Commerce head differ on start dates for tariffs on Canada and Mexico

The White House said it still plans to implement 25% tariffs on imports from Canada and Mexico starting next week — despite comments from President Donald Trump on Wednesday that the tariffs would be delayed until April 2.

“April 2 … for everything,” Trump said during a televised Cabinet meeting in the White House, when asked about the planned tariffs on the North American countries. “I’m not stopping the tariffs. Millions of people have died because of the fentanyl that comes over the border.”

Me...

https://www.freightwaves.com/news/trump-commerce-head-differ-on-start-dates-for-tariffs-on-canada-and-mexico

Mexico aims for tariff deal with Trump before March 4 deadline

Mexican President Claudia Sheinbaum hopes to finalize an agreement with the Trump administration that would prevent import tariffs on goods from her country being imposed starting next week.

President Donald Trump said Monday that 25% tariffs on most imports from Canada and Mexico – delayed by a month to give those countries time to work on border security – will take effect March 4.

“We must review everything that President Trump says. That is why I always say that we must keep a cool head and...

https://www.freightwaves.com/news/mexico-aims-for-tariff-deal-with-trump-before-march-4-deadline

Trump dice que los aranceles sobre México, Canadá, avanzan el 4 de marzo

El presidente Donald Trump dijo el lunes que el 25% de las tarifas en la mayoría de las importaciones de Canadá y México, retrasadas en un mes para darles a esos países tiempo para trabajar en la seguridad fronteriza, entrarán en vigencia el 4 de marzo. «Los aranceles avanzan a tiempo, a tiempo»,...

https://fullavantenews.com/trump-dice-que-los-aranceles-sobre-mexico-canada-avanzan-el-4-de-marzo/?lang=es

Trump says tariffs on Mexico, Canada moving forward March 4

President Donald Trump said Monday that 25% tariffs on most imports from Canada and Mexico – delayed by a month to give those countries time to work on border security – will take effect March 4.

“The tariffs are going forward on time, on schedule,” Trump said at the White House when asked during a news conference with French President Emmanual Macron whether the tariffs on Canadian and Mexican products would be implemented, according to a report by The Canadian Press.

Unlike other imports from...

https://www.freightwaves.com/news/trump-says-tariffs-on-mexico-canada-moving-forward-march-4

Rise in China e-commerce traffic lifts Cargojet to record revenue

Canada’s Cargojet squeezed 16% more flight hours out of its existing fleet in the fourth quarter to accommodate a surge in demand for charter service from e-commerce sellers in China, resulting in a 32% year-over-year revenue gain to US$207 million.  

Earnings were tempered by higher startup costs for charter flights, such as overtime pay for pilots, maintenance and ground handling, as adjusted pretax income came in 5% below analysts’ forecast.

Cargojet’s on-demand charter business increased...

https://www.freightwaves.com/news/rise-in-china-e-commerce-traffic-lifts-cargojet-to-record-revenue

Trump announces 25% tariffs on all imports of steel and aluminum 

President Donald Trump said that on Monday he will impose a 25% import tax on all steel and aluminium entering the U.S., a move that would have the largest impact on trade partners Canada and Mexico.

“Any steel coming into the United States is going to have a 25% tariff,” Trump told reporters Sunday on Air Force One as he flew to New Oreans for the Super Bowl, according to the CBC. “Aluminum, too, will be subject to the trade penalties.”

The tariffs would hit Canada and Mexico the hardest — two...

https://www.freightwaves.com/news/trump-announces-25-tariffs-on-all-imports-of-steel-and-aluminum