Canada, Mexico want US to feel the pain of tariffs too

Canadian Prime Minister Justin Trudeau. (Image: Getty)

Mon, 03 Feb 2025

By Santiago Pérez and Anthony Harrup in Mexico City and Vipal Monga in Toronto.Canada and Mexico will suffer severe economic blows from the tariffs President Trump announced on Saturday. Their strategy is to make sure Americans feel the pain, too.America’s neighbours to the north and south are much smaller economies, with their combined gross domestic product equaling just one-seventh of the US’s US$27 trillion (NZ$48.3t).The tariffs risk pushing the US’s top trade partners into recession, as both nations send 80% of th...

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