Quotes
The U.S.'s unilateral tariff increase damages the multilateral trading system, increases the burden on U.S. companies and consumers, and undermines the foundation of economic and trade cooperation between China and the U.S."
China's State Council Tariff Commission, in a Tuesday statement
To the Great Farmers of the United States: Get ready to start making a lot of agricultural product to be sold INSIDE of the United States. Tariffs will go on external product on April 2nd. Have fun!"
President Donald Trump, posting on Truth Social on MondayChina has decided to include 15 U.S. entities that endanger China’s national security and interests in the export control list, prohibiting the export of dual-use items to them,
the ministry said in a statement
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While less than 1 per cent of the fentanyl intercepted at the U.S. border comes from Canada, we have worked relentlessly to address this scourge that affects Canadians and Americans alike. We implemented a $1.3 billion border plan with new choppers, boots on the ground, more co-ordination, and increased resources to stop the flow of fentanyl."
Highlighting Canada's efforts to stop flow of fentanyl, Trudeau said
Today, after a 30-day pause, the United States administration has decided to proceed with imposing 25 per cent tariffs on Canadian exports and 10 per cent tariffs on Canadian energy. Let me be unequivocally clear - there is no justification for these actions."
In a statement, Justin Trudeau saidChina will likewise be charged an additional 10% Tariff on that date. The April Second Reciprocal Tariff date will remain in full force and effect. Thank you for your attention to this matter. GOD BLESS AMERICA!"
In a post on Truth Social, he statedOur tariffs will remain in place until the U.S. trade action is withdrawn, and should US tariffs not cease, we are in active and ongoing discussions with provinces and territories to pursue several non-tariff measures. While we urge the U.S. administration to reconsider their tariffs, Canada remains firm in standing up for our economy, our jobs, our workers, and for a fair deal."
In a statement on March 3, Trudeau saidDrugs are still pouring into our Country from Mexico and Canada at very high and unacceptable levels. A large percentage of these Drugs, much of them in the form of Fentanyl, are made in, and supplied by, China. More than 100,000 people died last year due to the distribution of these dangerous and highly addictive POISONS. Millions of people have died over the last two decades."
In a post on Truth Social, Trump saidNo room left for Mexico or for Canada. No, the tariffs, you know, they're all set. They go into effect tomorrow,
he said during his 'investment announcement' on Monday (local time).The families of the victims are devastated and, in many instances, virtually destroyed. We cannot allow this scourge to continue to harm the USA, and therefore, until it stops, or is seriously limited, the proposed TARIFFS scheduled to go into effect on MARCH FOURTH will, indeed, go into effect, as scheduled,
he addedWe appointed a Fentanyl Czar, listed transnational criminal cartels as terrorist organizations, launched the Joint Operational Intelligence Cell, and are establishing a Canada-U.S. Joint Strike Force on organized crime. Because of this work - in partnership with the United States - fentanyl seizures from Canada have dropped 97 per cent between December 2024 and January 2025 to a near-zero low of 0.03 pounds seized by U.S. Customs and Border Protection,
he addedTariffs will disrupt an incredibly successful trading relationship. They will violate the very trade agreement that was negotiated by President Trump in his last term."
He saidCanada will not let this unjustified decision go unanswered. Should American tariffs come into effect tonight, Canada will, effective 12:01 a.m. EST tomorrow, respond with 25 per cent tariffs against USD 155 billion of American goods - starting with tariffs on USD 30 billion worth of goods immediately, and tariffs on the remaining $125 billion on American products in 21 days' time."
He saidAdditional 15 percent tariffs will be imposed on chicken, wheat, corn and cotton,
Beijing's finance ministry said in a statement
We have a plan B, C, D,
Reuters quoted Mexico President Claudia Sheinbaum as saying on Monday
What would be interesting to see is the response by China itself ... because so far the stance has been quite restrained in response to the 10% tariff put on last month,
said Moh Siong Sim, a currency strategist at Bank of Singapore
Now they announced the 10% and then swiftly implemented that, so that might put more ... you can say pressure on the China side to do more at the NPC meeting,
Lee saidThey're totally dependent on exports to the U.S., and could become a target — a vulnerable target,
Barnett said
It is a means of avoiding U.S. tariffs,
Casey Barnett, president of the American Chamber of Commerce in Cambodia, told CBS NewsSuch measures will not solve (the U.S.') problems but instead will harm China-U.S. economic and trade cooperation and disrupt regular international trade,
it added