No Escape for Canada and Mexico – Trump’s Tariffs Hit at Midnight It’s official—the next trade war is here. After months of threats and last-minute negotiations, President Trump is pulling the trigger on a sweeping new wave of tariffs against the two biggest U.S. trading partners. Starting Tuesday, a 25% tariff will apply to all imports from Canada and Mexico—except Canadian energy, which will get a “discounted” 10% tax. And for good measure, Trump is doubling the tariff on China, bumping it to 20%. When asked if Mexico and Canada could still cut a deal to avoid these economic gut punches, Trump was blunt: “No room left for Mexico or for Canada. They’re all set. They go into effect tomorrow.”…
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