Canada said on Monday night that its role is vital in providing energy to the United States, in response to US President Donald Trump’s announcement that he would impose customs duties from the first day of his office on his country’s imports. from its northern neighbor. , and on Mexico and China.
Canadian Deputy Prime Minister Chrystia Freeland said in a statement that “our relationship is fair and mutually beneficial, especially for American workers,” and stressed that Ottawa would continue to “discuss these issues with the new American administration .”
In the same context, China warned on Tuesday that “no one will win in a trade war.” “China believes that economic and trade cooperation between China and the United States is mutually beneficial,” Liu Bingyu, a spokesman for the Chinese Embassy in Washington, said in an email to the media.
Earlier on Monday, Trump threatened to impose tariffs on Mexico, Canada and China due to the influx of migrants and drugs.
In two separate posts on the Truth Social platform, Trump, who is preparing to return to the White House next January, confirmed that he had decided to impose 25 percent tariffs on goods coming from Mexico and Canada, to make them “solve the problem.” ” of drugs and immigrants on the border with the United States and additional taxes on Chinese goods.
The US President revealed that he would sign “all the necessary documents” to put these tariffs “on unreasonable open borders,” as he said.
Trump threatens 3 countries with heavy tariffs
US President Donald Trump vowed on Monday to impose a 25 percent duty on goods coming from Mexico and Canada, to force them to “solve the problem” of drugs and immigrants on the border with his country.
Mexico and Canada are the largest trading partners of the United States. By 2023, the United States will receive more than 83 percent of Mexico’s exports and 75 percent of Canada’s exports.
In a second post, Trump said, “We will impose an additional 10 percent tax on China, plus any additional tariffs, on all of their products coming into the United States.” “
He pointed out that he had held many discussions with China in the past about the amount of drugs, especially fentanyl, that is sent to the United States, through Mexico, “but to no avail,” he said.
#Canada #China #respond #Trumps #threats #tariffs
2024-11-26 03:29:00
Here are two PAA-related questions based on the provided text:
## World Today News Interview: Tensions Rise as Trump Threatens Tariffs
**Welcome to World Today News. Today we’re discussing the recent announcement by former US President Donald Trump regarding the imposition of tariffs on goods from Canada, Mexico, and China. Joining us today are two esteemed guests:**
* **Dr. Sarah Thompson**, a trade policy expert from the Canadian Institute of International Affairs
* **Dr. Li Wei**, a leading economist specializing in US-China relations at the University of Beijing
**Section 1: The Impact on North American Trade**
**Host:** Dr. Thompson, President Trump cited unchecked migration and drug trafficking as reasons for the proposed tariffs on Canada and Mexico. How do you see these tariffs impacting the deeply integrated North American economy, especially given that the US, Canada, and Mexico are each other’s largest trading partners?
**Dr. Thompson:**
**Host:** Dr. Wei, China has expressed its opposition to a trade war, stating that such action benefits no one. How do you see these tariffs – coupled with the existing trade tensions between the US and China – affecting global economic stability?
**Dr. Wei:**
**Section 2: Legality and International Response**
**Host:** Dr. Thompson, some legal experts argue that President Trump’s justification for imposing tariffs based on immigration and drug control issues is tenuous at best. What are the legal ramifications of using trade policy levers for non-trade related objectives?
**Dr. Thompson:**
**Host:** Dr. Wei, how do you see the international community responding to these threats? Could this escalate into a wider trade conflict, potentially impacting other global economies?
**Dr. Wei:**
**Section 3: Looking Ahead: Possible Outcomes and Mitigating Risks**
**Host:** Dr. Thompson, what are some potential outcomes of this situation? How might Canada and Mexico respond to these tariffs?
**Dr. Thompson:**
**Host:** Dr. Wei, what steps can countries like China and other global actors take to mitigate the potential economic fallout of a trade war, and how might they encourage a more cooperative approach to addressing shared concerns like drug trafficking?
**Dr. Wei:**
**Host:** Thank you both for sharing your invaluable insights on this critical issue. The situation remains highly fluid, and the consequences for global trade and international relations are significant. We’ll continue to monitor developments closely and provide updates as they unfold.
**Closing Remarks:**
This interview format offers a platform for exploring multiple perspectives on a complex topic.
The open-ended questions encourage nuanced discussion, allowing the guests to delve into the multifaceted implications of President Trump’s tariff threats. This format serves as a valuable resource for our readers seeking deeper comprehension of the global economic and political landscape.
