President Donald Trump’s tariffs on Canada and Mexico sparked panic and condemnation from the US’s top trading partners, who said the levies would devastate North America’s economy and wreck an 80-year pact.
Politicians, business leaders and trade associations in all three countries reacted with disbelief, warning the tariffs would bring inflation, supply chain disruption and widespread job losses.
On Saturday afternoon, Donald Trump signed an executive order imposing across-the-board 25 per cent tariffs on Canadian and Mexican goods starting on Tuesday and 10 per cent tariffs on energy. He also imposed an additional 10 per cent tariff on goods from China.