As Canada and Mexico make plans for reciprocal tariffs on U.S. goods, Canadian Prime Minister Justin Trudeau calls President Trump's move "a very dumb thing to do."

President Trump's new tariffs will put an additional 10% on imports from China and 25% on almost all imports from Canada and Mexico. NBC News' Ryan Nobles reports the latest from Capitol Hill. New York Times chief White House correspondent Peter Baker and The Nation national affairs correspondent John Nichols join Katy Tur to discuss.

President Donald Trump launched a trade war Tuesday against America’s three biggest trading partners, drawing immediate retaliation from Mexico, Canada and China.

Trump originally put the tariffs on Canada and Mexico on hold for 30 days after the leaders of both countries said they would move to tighten border security.

President Trump's tariffs on Canada, Mexico and China took effect Tuesday, leading Canadian Prime Minister Trudeau to announce an immediate 25% levy on $30 billion worth of U.S. imports.

Canadian and Chinese officials say they were already helping reduce fentanyl smuggling. Prime Minister Justin Trudeau said fentanyl crossing the northern border is "near zero."

Beijing retaliated with tariffs on many U.S. farm exports, and Justin Trudeau said Canada would slap tariffs on $100 billion of American goods over the next 21 days.

Beijing, which set steep duties on canola, peas and pork, wants Canada and Mexico to resist U.S. pressure to raise tariffs on Chinese goods.

Starting just past midnight Tuesday, imports from Canada and Mexico are now taxed at 25%, with Canadian energy products getting tariffed at 10%.

U.S. Treasury Secretary Scott Bessent told Fox Business host Larry Kudlow Thursday that world leaders emulating “a numbskull” like Canadian

Trudeau is set to step down as prime minister and Sunday and said in January that he will not run for reelection for his seat in Parliament.