President Trump has confirmed that the U.S. will move forward with new tariffs on imports from Canada and Mexico starting April 2, 2025. These include a 25% tariff on various goods and a 10% tariff on Canadian energy products, aimed at curbing illegal immigration and boosting domestic manufacturing.
Canada has vowed to defend its interests, with Prime Minister Mark Carney planning talks with Trump to ease tensions. Meanwhile, U.S. industries, including the auto and agriculture sectors, fear price hikes and trade retaliation. As the deadline approaches, concerns over economic fallout continue to rise.
