00:00It's Benzinga bringing Wall Street to Main Street.
00:02President-elect Donald Trump's pledge to impose tariffs on Canada,
00:05Mexico, and China has drawn strong international criticism,
00:09with officials warning of economic consequences for all four countries.
00:13Trump announced plans for 25% tariffs on goods from Canada and Mexico and 10% on Chinese endpoints,
00:20citing efforts to address illegal immigration and drug trafficking.
00:24Mexican President Claudia Sheinbaum warned that Mexico would retaliate against Trump's
00:28tariffs by imposing taxes on U.S. imports, endangering shared businesses.
00:34Trudeau urged lawmakers to approach U.S. tariff threats calmly and collaboratively,
00:39while provincial leaders proposed retaliatory tariffs,
00:42emphasizing Canada's vital exports like oil, electricity, and critical minerals.
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