Trump's Tariffs Trigger Global Trade Tensions with China, Mexico, and Canada

New U.S. tariffs spark retaliatory measures from China, while temporary agreements with Canada and Mexico avert immediate escalation.

The U.S. imposed a 10% tariff increase on Chinese imports, prompting China to announce retaliatory tariffs of up to 15% on American goods like coal, gas, and vehicles, effective February 10.
China has filed a complaint with the World Trade Organization and launched an antitrust investigation into Google, signaling broader economic countermeasures.
Temporary agreements with Canada and Mexico delayed planned 25% U.S. tariffs for 30 days, in exchange for commitments to combat fentanyl trafficking and enhance border security.
Mexico has deployed 10,000 soldiers to its northern border, while Canada pledged $1.3 billion for border reinforcement and joint efforts with the U.S. against organized crime.
The escalating trade measures have raised concerns about inflation, disrupted supply chains, and strained diplomatic relations among major global trade partners.