Canada and Mexico hit back with tariffs as US trade war escalates

Chuck Schumersenate Minority Leader

I am concerned these new tariffs will further drive up costs for American consumers."

Democratic lawmakers criticized Trump's plans, with Senate Minority Leader Chuck Schumer saying Friday

We need to protect Americans, and it is my duty as President to ensure the safety of all."

Trump, in Florida for the weekend, wrote on social media

Tariffs are a powerful, proven source of leverage for protecting the national interest,

the White House said

Rising trade policy uncertainty will heighten financial market volatility and strain the private sector, despite the administration's pro-business rhetoric,

he said