In response to the 25% US tariffs announced by President Donald Trump, Canada and Mexico have vowed to impose their own counter-tariffs. This move is part of a tit-for-tat strategy as both countries aim to mitigate the impact of the levies on their industries. China has also stated its intention to initiate WTO proceedings against the 10% tariff imposed by the US, signaling a significant escalation in the trade tensions.
Source: https://www.bloomberg.com/news/articles/2025-02-01/trump-hits-china-canada-mexico-with-tariffs-to-open-trade-war