Not directly Canadian news, but given Saturday’s events, it’s relevant:
Mexico has been preparing possible retaliatory tariffs on imports from the U.S., ranging from 5% to 20%, on pork, cheese, fresh produce, manufactured steel and aluminum, according to sources familiar with the matter. The auto industry would initially be exempt, they said.
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Yeah. I’m not clear what the tariffs are on. But I guess we’ll find out.
Sounds like Mexico is also going the targeted retaliation route.
I expect coordinating the reaponses for maximum impact was a big part of the extended discussion Trudeau was having with the Mexican president that delayed the start of his announcement.
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