Donald Trump launched a series of tariffs to Canada, Mexico and China on Saturday to launch a global trade war.

These countries vowed to fight for their own tariffs and laid the foundation for economic war. These wars will echo the entire market in the next few weeks.

What did the United States announce, why?

Most imports imported from Washington to Canada and Mexico levied 25 % tariffs and levied 10 % of the import from China. Canadian oil hit 10 % at a lower speed. Responsibilities will take effect on Tuesday.

Trump said that these actions were a "major threat" of immigrants and drugs in the United States and Canada and Mexico.

A few years ago, China cracked down on the entity exporting to North America. But the response of Chinese groups is to transport chemical composition (called pre -body drugs) to Carter, Mexico. Carter subsequently produced fentanyl and sent it to the border, and has become the main killer of Americans between 18 and 45 years old.

Beijing agreed to take action at a summit between Chinese President Xi Jinping and then US President Joe Biden at the time to prevent the flow of the forefront. Critics hope to do more things in China.

Trump accused the Communist Party of China for subsidies and inspired domestic companies to export Fantne and foreheads.

What is the reaction of Canada, Mexico and China?

Canadian Prime Minister Justin Trudeau announced on Saturday evening that retaliatory tariffs for US goods with US $ 155 million ($ 10.7 billion).

He said that "far -reaching tariffs" will hit our beer, wine, bourbon whiskey, fruits, fruit, fruits, perfumes, clothing, shoes, home appliances, sports equipment, wood and plastic.

He added that Ottawa is still considering taking "non -tariff measures" related to key minerals with the provincial government.

Mexico also announced that it will impose revenge tariffs on American goods without specified scale or goals.

China has not explicitly stated how it will deal with action. Beijing said on Sunday that it "firmly regrets and opposes this move" and will adopt "necessary countermeasures to defend its rights and problems."

In the first 11 months of 2024, the US company exported 763 billion US dollars of products to these three countries-17 % of the total exports were used for Canada, and 16 % went to Mexico and 7 % to China.

Claudia Sheinbaum, President of Mexican, hinted that after the initial threat of Trump, retaliatory tariffs were performed at the end of last year last year. People who are familiar with the matter say that the country has prepared the so -called "rotating Trojan" tariffs. The tariff was once opened and closed for several months of Republican lawmakers.

In Trump's first semester of 2018, Mexico targeted steel and agricultural products such as pork, apples and cheese.

Which industries will be hit?

Automotive manufacturers, food manufacturers and buildings (all these are seriously dependent on cross -border trade) that may be seriously affected.

The American automobile industry, especially Ford, the traditional "three giants" of GM and Strandis, spread among the three countries in Africa. From the seat to the axis, American auto suppliers also make goods in Mexico. About 16 % of cars made in the United States come from Mexico or Canada.

Automotive manufacturers who carry out business in Mexico and Canada will face the situation of absorbing costs or increasing consumer prices. Bernestein analyst Daniel Roeska said the import tax can bring competitive promotion to South Korea and Japanese auto manufacturers sold in the US market.

Food imported from Canada and Mexico will be seriously affected. According to the US Department of Agriculture, the United States imported more than $ 45 billion in agricultural products from Mexico, including strawberries, raspberry, tomatoes and beef. Another $ 40 billion from Canada, including beef, pork, grains, potatoes and low -mustard rapeseed.

Architectural materials will also face pressure. About one -third of the cork and wood used in the United States imported from Canada. The sum of Canada and Mexico accounts for one -fifth of the US cement imports.

Ing chief international economist James Knightley said: "Most of the costs caused by tariffs will be transferred to American consumers."

What did you miss?

The Canadian oil industry is exempted from the worst tariffs in Trump's tariffs, which is a 10 % tax, because the White House tries to limit the impact of inflation on American drivers.

To a large extent, the United States relies on crude oil to feed its refinery. About 40 % of the country comes from foreign crude oil, of which 60 % come from Canada and 11 % from Mexico. On the pump, the cost of imported oil imports rose significantly.

Chet Thompson, the head of the US fuel and petrochemical manufacturer of the Refining Industry Group, said he hopes to reach a "rapid transaction" to end all tariffs on the industry with "before consumers feel influence".

Saturday's announcement did not mention the European Union, but Trump said that the day before, his "absolute" plan will be aimed at new taxes in the future. He said: "We will do some very substantial things for the EU."

How long will this last?

The White House said that tariffs in the United States will be kept in place, "until (immigration and drug) crisis are alleviated." But analysts said they tested the scope of the presidential power and may be questioned in court.

Trump applied for tariffs in the 1977 International Economic Economic Law (IEPA). This is the first time that the law has been used to collect the expenses to the country.

The partner of the law firm Wiley Rein, Greta Peisch, a partner of the US government trade consultant, said: "This move is not only a positive tariff action of scale and scope, but also a positive claim for the power of the president to impose these tariffs." He broke the new ground and was testing the boundary of the trade authorities appointed by the parliament. "

Trump threatened extensive tariffs on immigration issues in 2019 and quoted IEEPA, but did not use them in the end. Richard Nixon used the pioneer of IEEPA in the 1917 Enemy Act, with a brief tariff on tariffs on 10 % of US trading partners.