Mexico said it would slap tit-for-tat tariffs on the US, while China said Trump's finger-pointing "runs completely counter to facts".
www.bbc.com
'No-one will win'
Officials from Canada, Mexico and China have warned US President-elect Donald Trump's pledge to impose sweeping tariffs on America's three largest trading partners could upend the economies of all four countries.
"To one tariff will follow another in response and so on, until we put our common businesses at risk," Mexico's President Claudia Sheinbaum said.
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A spokesman for China's embassy in Washington DC told the BBC: "No-one will win a trade war or a tariff war.”
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Mexico's President Sheinbaum told reporters on Tuesday that neither threats nor tariffs would solve the "migration phenomenon" or drug consumption in the US.
Reading from a letter that she said she would send to Trump, Sheinbaum also warned that Mexico would retaliate by imposing its own taxes on US imports, which would "put common enterprises at risk".
She said Mexico had taken steps to tackle illegal migration into the US and that “caravans of migrants no longer reach the border”.
The issue of drugs, she added, “is a problem of public health and consumption in your country’s society”.
Sheinbaum, who took office last month, noted that US car manufacturers produce some of their parts in Mexico and Canada.
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Currently, a majority of what the two countries sell to each other is subject to tariffs - 66.4% of US imports from China and 58.3% of Chinese imports from the US.
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America's northern neighbour accounted for some $437bn (£347bn) of US imports in 2022, and was the largest market for US exports in the same year, according to US data.
Canada sends about 75% of its total exports to the US.
Doug Ford, the premier of Ontario, Canada's most populous province, said on Monday the proposed tariff would be "devastating to workers and jobs in both Canada and the US".
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The Canadian dollar, the Loonie, has plunged in value since Trump vowed to impose tariffs on Canadian imports come January.
The Canadian dollar dipped below 71 US cents, the lowest level the Loonie has fallen to since May 2020, when Trump threatened to impose tariffs on Canadian goods during his first stint as US president. The Mexican peso fell to its lowest value this year, around 4.8 cents.
"If tariffs go up, who will it hurt? General Motors,” she said.