Treasury chief urges Canada, Mexico to match US tariffs on China as deadline looms

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Canada ‘Open’ to Matching US Tariffs on China, Foreign Affairs Minister Says

Foreign Affairs Minister Mélanie Joly reporters in Vancouver on Feb. 28 that Canada is “open” to talks about matching U.S. tariffs on China. She noted that Canada already has tariffs on some components coming from China, as well as on electric vehicles. ”When it comes to the U.S. and their own concerns, we’re able to have conversations,” she said. “We are very open to have trade-related conversations, including when it comes to China.” Joly said…

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US treasury chief calls on Canada and Mexico to match tariffs on China

Canadian and Mexican officials have fanned out across Washington seeking to show President Donald Trump's administration that they were making progress in securing their U.S. borders to curb the flow of fentanyl

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Trump's Treasury Secretary Expects 'Substantial' Revenue From Tariffs, Reveals That Mexico Has Proposed To Match Our Chinese Tariffs

Last Updated on February 28, 2025 President Donald Trump is exerting his negotiating power on the world stage by gaining potentially “substantial tariff income,” according to Trump’s Treasury Secretary Scott Bessent. The Trump administration official revealed on Bloomberg Television on Friday that Mexico has proposed matching U.S. tariffs on Chinese imports. “Much of the tariff income could be substantial. We will see where the tariffs finally e…

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Treasury chief urges Canada, Mexico to match U.S. tariffs on China as deadline looms

U.S. Treasury Secretary Scott Bessent encouraged Canada on Friday to follow Mexico in matching U.S. tariffs on Chinese goods as the two U.S. neighbors sought to avoid punishing 25 per cent U.S. tariffs due on Tuesday over fentanyl trafficking.

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WASHINGTON (AP) — U.S. Treasury Secretary Scott Bessant encouraged Canada and Mexico to align with Washington on tariffs on China in an interview Friday when he was asked if doing so would help the two countries avoid a new round of tariffs from President Donald Trump.

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By Bryan Mena, CNN U.S. Treasury Secretary Scott Bessent praised the idea of Mexico and Canada imposing tariffs on China to equalize the tariffs imposed by the U.S. “I think a very interesting proposal the Mexican government has made is perhaps to equalize the U.S. in our tariffs on China,” Bessent said in an interview with Bloomberg TV. “I think it would be a good gesture if Canadians did too, so we could have a ‘North American Strength’ agains…