Canada and China retaliate after Trump's tariffs take effect

Canada and China hit back swiftly after Trump's sweeping tariffs took effect Tuesday, raising fears of a global trade war. International markets, meanwhile, continued to slide.

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Mar 4, 2025 - 01:54
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Canada and China retaliate after Trump's tariffs take effect
President Trump speaks in the Roosevelt Room of the White House on March 3, 2025 after announcing that Taiwan Semiconductor Manufacturing Company plans to invest $100 billion in new manufacturing facilities in the United States.

Canada and China hit back swiftly after Trump's sweeping tariffs took effect Tuesday, raising fears of a global trade war. International markets, meanwhile, continued to slide.

(Image credit: Andrew Harnik)

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