7 hours Ago By Reuters
(Reuters) - U.S. President Donald Trump on Saturday ordered 25% tariffs on Canadian and Mexican imports and 10% on goods from China starting on Tuesday and declared that they would remain in place until a national emergency over the drug fentanyl and illegal immigration to the U.
S. ends. Following is a compilation of reaction to the development: ONTARIO PREMIER DOUG FORD: "Canada now has no choice but to hit back and hit back hard.
" "As Premier of Ontario, the federal government has my full support for a strong and forceful response that matches U.S. tariffs dollar for dollar.
Canada has so much of what America needs: high-grade nickel and other critical minerals, energy and electricity, uranium, potash, aluminum. We need to maximize our points of leverage and use them to maximum effect. The federal government needs to also pursue every legal route to challenge these unfair, unjustified and illegal tariffs.
" CANADIAN CHAMBER OF COMMERCE: "President Trump’s profoundly disturbing decision to impose tariffs will have immediate and direct consequences on Canadian and American livelihoods. Tariffs will drastically increase the cost of everything for everyone." JOHN BOZZELLA, PRESIDENT OF THE ALLIANCE FOR AUTOMOTIVE INNOVATION: "Seamless automotive trade in North America accounts for $300 billion in economic value.
It not only keeps us globally competitive, it supports auto industry jobs, vehicle choice and vehicle affordability in America. We look forward to working with the administration on solutions that achieve the president’s goals and preserve a healthy, competitive auto industry in America." DAVID MCCALL, PRESIDENT OF THE UNITED STEEL WORKERS UNION: "These tariffs don't just hurt Canada.
They threaten the stability of industries on both sides of the border." MATTEO CEURVELS, PRINCIPAL LATIN AMERICA ANALYST FOR EMARKETER: The 25% tariff on Mexico threatened to upend three decades of trade integration, dampening retail growth and adding pressure on businesses. Mexico’s retail sales were expected to take a huge hit, growing just 3.
3% this year instead of the 4.5% growth projected. "For Claudia Sheinbaum, managing this economic rift will be one of the biggest tests of her presidency, as she balances the interests of Mexico’s key industries and consumers.
" UNIFOR, THE LARGEST PRIVATE SECTOR UNION IN CANADA REPRESENTING DETROIT THREE AUTOWORKERS: "Canada must hit back hard and fast as Trump declares economic war on Canadian workers." CHET THOMPSON, CEO OF THE AMERICAN FUEL & PETROCHEMICAL MANUFACTURERS:.
