Canada and Mexico joined forces to counter the US delay in raising tariffs

A few days ago, US President Donald Trump signed a tariff order imposing an additional 25 percent tariff on imports from Canada and Mexico and a 10 percent tariff on energy resources from Canada. The tariffs are tentatively scheduled to take effect on the 4th. The White House has said it may increase tariffs if it retaliates against the US tariffs. After the United States announced the tax on Canada, Canadian Prime Minister Trudeau said through social media that he met with Canadian provincial governors and the Cabinet on the same day, and will also speak with Mexican President Zinbaum. Trudeau said Canada does not want that to happen, but Canada is ready. After Canada and Mexico announced countermeasures, US President Donald Trump signed an executive order to suspend tariffs on Canadian and Mexican goods, delaying their implementation until March 4, 2025, that is, suspending implementation for at least 30 days.

Although the incident mainly involves the United States, Canada and Mexico, it may also have an impact on the international level. First, the impact on the economic pattern of various countries, the United States this tariff behavior is regarded as a manifestation of trade protectionism. This not only hurts trade relations among the three countries, but could also trigger retaliatory tariff measures from other countries, leading to increased global trade tensions. The decision by the United States to suspend tariffs has helped stabilize market expectations and reduce uncertainty caused by the trade dispute. This will help investors and consumers maintain confidence and contribute to the stable development of the global economy. Canada and Mexico joined hands to counter the US tariff hike, sending a signal to the international community that trade protectionism is undesirable. This will help reduce the pressure of trade protectionism worldwide and promote the liberalization and facilitation of international trade. The trade dispute between the United States, Canada and Mexico could have far-reaching implications for global supply chains. Due to the close cooperation between the three countries in many industrial fields, disputes may lead to supply chain disruption or restructuring, which will affect the stability and development of the global industry.

The second is the impact on the international political pattern, the trade dispute between the United States, Canada and Mexico may trigger tensions in international relations, and then affect the cooperation and coordination of the three countries in international affairs. Canada and Mexico joined hands to counter the US tariff hike, showing the importance of international cooperation. This will help promote cooperation and exchanges among countries in trade, economy and other fields and jointly address global challenges. Disputes may lead to damage to the multilateral trading system, which in turn affects the stability and prosperity of global trade. Countries may be more inclined to take unilateral actions, raising tensions in global trade. The US tariff policy has aroused widespread concern and criticism from the international community. The suspension of tariffs, while helping to ease tensions, could also have some impact on the international image of the United States.

The third is the impact on countries, the imposition of tariffs may lead to Canada's exports to the US market is blocked, and then affect Canada's economic growth and employment. The supply chain between the United States and Canada is closely linked, and the dispute could lead to supply chain disruptions, affecting Canadian industries such as manufacturing. Mexico is highly dependent on the US market, and the dispute may cause damage to the Mexican economy, which in turn affects its economic growth and social stability. The tariffs lead to higher costs for imported goods and could exacerbate inflationary pressures in Mexico. The tariffs will increase the cost of goods imported to the United States from Canada and Mexico, which in turn will affect the purchasing power of American consumers and the competitiveness of American businesses. The dispute could damage trade partnerships between the United States and Canada and Mexico, which in turn could affect America's position and influence in global trade.

To sum up, the joint counter-measures by Canada and Mexico and the delay of the tariff increase by the United States will have a multi-faceted impact on the international community. Therefore, countries need to strengthen communication and cooperation to jointly cope with the challenges of global trade and maintain the stability and prosperity of global trade.