Home » News » Trade War in Mexico, Canada and China was released by Trump – announced duties –

Trade War in Mexico, Canada and China was released by Trump – announced duties –

Finally, in the … anxiety and the uncertainty about whether the new Donald Trump government would implement its threats to imposing duties on allies and opponents, the official announcement of tariffs on Canada, Mexico and China by the spokesman. of White House Caroline Levit.

Finishing the various scenarios that were trafficked all day, Levit made it clear that 25% duties will be imposed on imports from Mexico and Canada from tomorrow morning to produce and traffick A spokesman for 10 million Americans.

In questions that followed the announcement, Levit argued that the US president has not yet decided on exactly when he would impose duties on the European Union and also refused to say whether any duties against European countries would be the same for the same for Each Member State of the Union or there will be different decisions.

As the news about the announcement of duties on the part of the Trump government had begun to circulate early on, statements on the issue were made by Mexican President Claudia Sinbaum, as well as Canadian Prime Minister Justin Trinto.

According to the Mexican president, her government “is waiting for the announcement of duties with a” clear mind “. We will always defend the dignity of our people, respect our sovereignty, and dialogue as equal without slavery. “

For his part, Justin Trindo had warned that if the Trump government imposes duties on his country, then the response on his part would be immediate and the countermeasures would be tough.

The Chinese leadership for its part did not respond, but it is well known that it has long threatened that any move will be answered.

At this point it is worth noting that almost half of all US imports – over $ 1.3 trillion – comes from Canada, China and Mexico. However, according to a Bloomberg Economics analysis, new duties could reduce total US imports by 15%. The Washington -based Foundation estimates that duties will generate about $ 100 billion a year to additional federal tax revenue, but will have significant costs in the economy, as they are estimated to disrupt the supply chains, will increase the costs for them. Businesses will abolish hundreds of thousands of jobs and eventually increase consumer prices.

Also read:

Turkey: Field of Kemalists with Erdogan The Armed Forces

France: Paris reacts to Rubio statements that it does not meet its obligations for equipment expenditure

USA: Trump is literally applying the agenda of Project 2025 while saying that he has nothing to do with him


#Trade #War #Mexico #Canada #China #released #Trump #announced #duties

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.