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President Donald Trump enacted tariffs on Canada, Mexico, and China on Tuesday, prompting pushback from the countries.

The Details: Canada and Mexico were assessed tariffs of 25%, while duties on some Chinese goods were doubled to 20%. China responded with a 15% tariff on certain U.S. farm products and blacklisted over 20 American companies. Canada will match the United States’ tariff at 25%. Mexico is expected to announce a response Tuesday morning. On Monday, the Dow fell by nearly 650 points as the market prepared for the tariffs.

For Context: Trump said in November he would enact these tariffs until Canada, Mexico, and China helped the U.S. stem the flow of fentanyl and unauthorized migrants into the U.S. Mexico, Canada, and China are the United States’ top three export markets and account for around 40% of U.S. imports. The tariffs placed on Canada include a carve-out where oil imported from Canada will be tariffed at only 10%.

How The Media Covered It: Many outlets from the left and center ran analysis and opinions critical of Trump’s move as the news broke. Outlets from the left and center were also more likely to prominently highlight potential economic downsides. Fox Business (Lean Right) included the detail about the carve-out for oil, which many other outlets did not include.

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Both China and Canada moved swiftly on Tuesday to retaliate against newly imposed U.S. tariffs, announcing their own levies on U.S. goods that could further disrupt U.S. trade with its top three trading partners. A 25% U.S. blanket tariff on goods imported from Canada and Mexico took effect just after midnight Tuesday, along with an additional 10% tariff on goods from China. The three countries together accounted for more than 40% of total U.S. imports last year. China will impose additional tariffs of up to 15% on...

U.S. President Donald Trump's new 25% tariffs on imports from Mexico and Canada took effect on Tuesday, along with a doubling of duties on Chinese goods to 20%, launching new trade conflicts with the top three U.S. trading partners.

The tariff actions, which could upend nearly $2.2 trillion in two-way annual U.S. trade went live at 12:01 a.m. EST (0501 GMT), hours after Trump declared that all three countries had failed to do enough to stem the flow of the deadly fentanyl opioid and its precursor chemicals into the U.S.

President Donald Trump's new tariffs on China, Canada and Mexico took effect at midnight Tuesday morning, increasing the taxes that U.S. importers will pay on certain goods when they enter the country.

Effective Tuesday, U.S. imports from China, the third-largest U.S. trading partner, will be subject to a new 10% tariff on top of the initial 10% tariff he imposed on Chinese goods last month.