Donald Trump has hit China, Mexico and Canada with a comprehensive tariff
US President Donald Trump announced that new tariffs were levied all products imported from three largest trading partners (China, Mexico and Canada) from the United States.
Trump said the United States will impose 25 % tariffs on Canada and Mexico, while China levies 10 %. Canadian energy face a lower 10 % tariff.
If the three countries have not resolved his concerns about illegal immigrants and drug trafficking, he has threatened to levy import tax.
Last year, the three jointly accounted for more than 40 % of imports to the United States.
In a statement on Saturday X, the White House said: “Today's tariffs are announced to make China, Mexico and Canada's promise to stop a large number of toxic drugs.”
Trump posted on his truth social platform: “This was completed through the” International Economic Economic Law “(IEEPA), because the main threat of illegal foreigners and fatal drugs killed the main threat to kill Fantnea Our citizen “”
In fact, tariffs are domestic taxes levied on goods when entering the country, which is directly proportional to imported value.
China has warned not to protect trade protectionism, because Trump returned to the presidential position to restore the threat of trade war between the world's two largest economies.
Last month, at the World Economic Forum held by Ding Xuexiang, Vice Premier Ding Xuexiang, his country was looking for a “win -win” solution to trade tensions and hoped to expand its import.
Canada and Mexico said they will collect our products with their own measures, and attempt to guarantee to Washington that they are taking action to solve concerns about the US border.
In order to completely avoid tariffs, Ottawa promised to implement new security measures of 1.3 billion Canadian dollars ($ 900 million; £ 700 million).
Canadian Prime Minister Justin Trudeau will speak to the media on Saturday night.
Tariffs on Canada will take effect on Tuesday.
The Canadian Chamber of Commerce issued a statement before Trump's “deep disturbing decision” of tariffs.
It says that tariffs will have “direct and direct consequences” on the livelihood of Canada and the United States, and “greatly increase the cost of everyone.”
The White House explained why it should be targeted at its top trading partners, and he said that Carter, Mexico, is responsible for trafficking with fenne, methamphetamine and other drugs.
It said that the Canadian tariffs will always maintain “cooperation with the United States and drug trafficking and cooperate in border security.”
In the end, it said that “China plays a core role in the Fantini crisis”, and its export is a fatal synthetic painkillers.