Canada announces 25% retaliatory tariffs, Mexico orders 'Plan B' over US' 25% tariffs

Outgoing Canadian PM Justin Trudeau announced 25% retaliatory tariffs on American goods worth $106 billion in response to US' tariffs. Meanwhile, Mexican President Claudia Sheinbaum ordered implementation of 'Plan B', which she said includes tariff and non-tariff measures in defence of Mexico's interests. The two countries are responding to 25% tariffs imposed by US on Canadian and Mexican goods.