Credible News
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports
No Result
View All Result
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports
No Result
View All Result
Credible News
No Result
View All Result

Canada, China, Mexico dare Trump in tariff war

Major trading partners vow retaliation

Credible News by Credible News
February 2, 2025
in Conflict, Economy, Foreign, Global Trade, Legal, Politics
0
Donald Trump
0
SHARES
6
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

Major trading partners are standing up to the United States with retaliatory measures from Canada, Mexico and China against new tariffs imposed by President Donald Trump.

Canadian Prime Minister Justin Trudeau declared a 25 percent tariff on over $100 billion worth of U.S. goods, calling the move reluctant but necessary.

In Mexico, President Claudia Sheinbaum pledges countermeasures, though details remain unclear.

China’s commerce ministry vows legal action at the World Trade Organization and promises further countermeasures.

Trump’s tariffs—25 percent on Canadian and Mexican imports, with some exceptions for energy and oil, and 10 percent on Chinese goods—are expected to disrupt trade relations.

Despite the claims by Trump that foreign nations will bear the costs, economic analysis suggests the burden also impacts American businesses and consumers.

Tensions spill into other areas as well. At the U.S. Agency for International Development, the top security official is placed on administrative leave after refusing to allow Elon Musk’s representatives access to internal systems. Workers fear USAID could lose its independent status, with mass layoffs looming.

Meanwhile, at the FBI, the head of the New York field office sends a defiant email to staff, vowing to “dig in” after Trump appointees remove top officials linked to the January 6 Capitol riot investigation.

In Panama, Secretary of State Marco Rubio met with President José Raúl Mulino to discuss concerns over China’s influence in the Panama Canal. Rubio warns that China’s involvement could violate treaties, while Mulino insists Panama’s sovereignty over the canal remains unquestioned.

As tensions rise on multiple fronts, the impact of these developments on global trade and diplomacy remains uncertain.

Tags: CanadaChinaMoscowTrump
Previous Post

Arsenal thrash Man City 5-1 at the Emirates

Next Post

Tems, Beyoncé among 2025 Grammy winners

Credible News

Credible News

Next Post
Tems, Beyoncé among 2025 Grammy winners

Tems, Beyoncé among 2025 Grammy winners

NRS Advertisement

ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Kwara State university campus in Osi ready for first lectures

Kwara State university campus in Osi ready for first lectures

November 18, 2024
Police warn Lagosians against economic disturbance during NLC protest

Police in Kano urges caution as Muslims begin Ramadan

March 11, 2024
Bandits kidnap students of Federal University of Gusau

Gunmen kill nine in Plateau State

October 2, 2023
Methodist Church seeks FG’s support on mission schools

Methodist Church seeks FG’s support on mission schools

September 11, 2025
Corper recounts ordeal of Agunechemba attack, seeks prosecution

Corper recounts ordeal of Agunechemba attack, seeks prosecution

2

ADC begins online membership registration

2
Biden arrives Israel

Biden visits Israel amidst killing of more Palestinians

1
handcuffs

Police arrests 34-year-old man for raping 90-year-old woman

1
First Lady, Senator Remi Tinubu with Governor Bassey Otu launching food intervention scheme in Calabar.

Edu commends Tinubu, First Lady over food interventions

September 5, 2026
Destiny Daniels says Regina Daniels remains single amid reports of a reconciliation with Senator Ned Nwoko.

Regina remains single, sister refutes reunion with Nwoko

September 5, 2026
PDP calls on Ebonyi State Governor Francis Nwifuru to retract his remarks against opposition figures and apologize or resign, alleging that the comments could heighten political tension ahead of the 2027 general election.

‘Apologize or resign,’ PDP tells Governor Nwifuru

September 5, 2026
Players of Nigeria's Female Yellow Greens team defeated Zimbabwe to quality for World Cup.

Female Yellow Greens defeat Zimbabwe, qualify for World Cup

September 5, 2026

Recent News

First Lady, Senator Remi Tinubu with Governor Bassey Otu launching food intervention scheme in Calabar.

Edu commends Tinubu, First Lady over food interventions

September 5, 2026
Destiny Daniels says Regina Daniels remains single amid reports of a reconciliation with Senator Ned Nwoko.

Regina remains single, sister refutes reunion with Nwoko

September 5, 2026
PDP calls on Ebonyi State Governor Francis Nwifuru to retract his remarks against opposition figures and apologize or resign, alleging that the comments could heighten political tension ahead of the 2027 general election.

‘Apologize or resign,’ PDP tells Governor Nwifuru

September 5, 2026
Players of Nigeria's Female Yellow Greens team defeated Zimbabwe to quality for World Cup.

Female Yellow Greens defeat Zimbabwe, qualify for World Cup

September 5, 2026
Credible News

At Credible News we seek, process and serve news, opinions and analyses that are verifiable and reliable.
We also provide readers with authentic and credible facts and figures, news, opinions and analyses to make informed choices.

Follow Us

Browse by Category

  • Accident
  • Agriculture
  • Banking
  • Conflict
  • Crime
  • Development
  • Economy
  • Education
  • Entertainment
  • Fashion
  • Features
  • Foreign
  • Global Trade
  • Health
  • Human Interest
  • ICT
  • Interviews
  • Legal
  • Life Style
  • News
  • Oil & Gas
  • Opinion
  • Politics
  • Religion
  • Security
  • Sports
  • Travel
  • Trending
  • Women

Recent News

First Lady, Senator Remi Tinubu with Governor Bassey Otu launching food intervention scheme in Calabar.

Edu commends Tinubu, First Lady over food interventions

September 5, 2026
Destiny Daniels says Regina Daniels remains single amid reports of a reconciliation with Senator Ned Nwoko.

Regina remains single, sister refutes reunion with Nwoko

September 5, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2024 Credible News - The place for all factual stories. Designed by VintoICT Solutions.

No Result
View All Result
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports

© 2024 Credible News - The place for all factual stories. Designed by VintoICT Solutions.