President Trump's sweeping tariffs threatened to upend free trade in North America and sent shock waves through the global supply chain.

Mexico's government may look for other trade partners, the nation's president said on Wednesday, after the United States slapped tariffs on its southern neighbor.

As Canada and Mexico make plans for reciprocal tariffs on U.S. goods, Canadian Prime Minister Justin Trudeau calls President Trump's move "a very dumb thing to do."

President Trump suspended tariffs for both countries after Mexico’s leader presented her security successes, and after U.S. markets fell and business leaders urged the White House to change course.

Canada announced it would not end its reciprocal tariffs against the United States unless the state lifted its tariffs. Donald Trump launched his tariffs against Mexico and Canada on Tuesday, drawing reiteration from the nations.

The US president threatens to increase 25% tariffs on Canada if it goes ahead with planned retaliatory action on American goods.

President Donald Trump’s long-threatened tariffs on Canada and Mexico went into effect Tuesday, heightening trade tensions and prompting immediate retaliation. The new tariffs impose a 25% tax on imports from both countries,

Canadian Prime Minister Justin Trudeau said his country would retaliate against Trump’s tariff hike and “will not let this unjustified decision go unanswered.” He said Canada would impose 25% tariffs on $107 billion worth of American goods.