Canada, Mexico announce retaliatory tariffs on US imports in response to Trump's tariffs on American neighbors
1. Canada, Mexico retaliate with 25% tariffs on U.S. imports. 2. Trump's tariffs could raise household costs by $1,170. 3. Retaliatory tariffs risk exacerbating inflation and economic slowdown. 4. Political leaders express concerns over tariffs impacting consumers. 5. China plans to countermeasure through WTO complaint for tariffs.