President-elect Donald Trump announced plans to impose a 25% tariff on products imported from Mexico and Canada, citing the fentanyl crisis as a reason.

Trump also plans to impose an additional 10% tariff on Chinese products, citing ongoing issues with drug imports.

The Chinese Embassy in Washington responded by stating that economic and trade cooperation between the U.S. and China is mutually beneficial and warned against a trade war.

Mexican President Claudia Sheinbaum and Canadian officials expressed concerns over the proposed tariffs, emphasizing the importance of cooperation and the potential impact on shared enterprises.

The U.S.-Mexico-Canada Agreement (USMCA), which went into effect in July 2020, could be violated by the proposed tariffs, according to Mexico's former ambassador to the U.S.