25% Tariffs Imposed on Canada and Mexico

Trump imposes 25% tariffs on all imports from Canada and Mexico and 10% on Canadian energy, citing fentanyl flows and illegal immigration. Canada announces retaliatory tariffs on $155 billion CAD in US goods. Mexico announces targeted retaliatory tariffs. The move roils markets and triggers crisis talks; a brief pause is announced weeks later after both countries take some border steps. Tariffs resume and remain in dispute.