US President Donald Trump on Saturday signed an executive order, in which 25% wires were implemented on goods from Mexico, as well as 25% on goods from Canada, 10% in tafs, except Canadian energy resources. Canada wants to effective the duties of Canada on Tuesday.
The document is therefore 10% taple on imports from China.
Further measures possible
For the White House, the executive order includes a vengeance section, which means that further measures are possible if targeted countries react with their own measures.
This step hits America’s largest trading partners. In 2023, Canada And Mexico According to the US Department of Economic Analysis, the US Goods and Services works at a price of $ 808 billion (€ 768 billion).
At the same time, Canada and Mexico sent $ 1.01 trillion goods to the US. The US trade deficit with Canada is more than $ 40 billion, while the trade deficit with Mexico is more than $ 162 billion.
US Holding China, Mexico and Canada for ‘accountable’ fentinyl crisis
Trump accused the first two neighboring countries that they tightening the illegal migrants crossing the border in the United States and sealing the flow of Phantaneil. In a statement, Washington said that China is to blame for drugs entering the US.
The White House posted in a statement on X, “President Donald Trump is taking decisive action to protect Americans from the fantanel crisis.”
“Fentanyl is a major cause of death for Americans aged 18 to 45 years. Today’s tariff declaration is responsible for China, Mexico and Canada to prevent the floods of poisonous drugs in the United States.”
‘We didn’t want this’ – Canadian PM Justin Trudeau
Canadian Prime Minister Justin Trudeau said that he had met with the country’s premiere and cabinet and Odult and hence the President of Mexico was talking to Claudia Shinbam.
“We didn’t want it, but Canada is ready. I am addressing the Canadian this evening, “Trudeau said in a post on X.
On Friday, Trudeau warned of “tremendous and immediate response”, if the US followed with the threat of tariffs.
The Mexican President rejected the ‘Infamy of the White House’ and urged for cooperation
Mexico President Claudia Shinbam said, “We clearly do not intend to interfere in our territory with criminal organizations against the Government of Mexican with criminal organizations.”
The Mexican leader said that his government had removed more than 40 tonnes of drugs, including 20 million doses of Phentineel over a period of four months, and said that a thousand people were arrested.
Shinbam insisted that Mexico did not want a conflict, but cooperates and said “If the United States wants to combat criminal groups that generate traffic drugs and violence, we should work together in an integrated manner. “
Shinbam said he said that his economy minister had ordered the implementation of tariffs and non-Tatke measures to protect the interests of Mexico.
American fuel companies hope that TATFs have gone soon
The American Fuel and Petrochemical Manufacturers Association (AFPM) said in a statement that it is trump’s decision to implement TAF on Canadian and Mexican oil and energy products hoping that wild not long.
AFPM represents companies including Chevron Corporation, Exonmobil, Coach Industries, Marathon Petroleum and. Valero energy.
The group has said on the social media platform X, “We are expecting a resolution to reach quickly with our North American neighbors so that crude oil, sophisticated products and petrochemicals are removed from the tariff schedule, before That consumers feel the effect. ”
The Canadian Chamber of Commerce, meanwhile, said that Trump’s decision was “deeply disturbing” and would “have immediate and direct consequences on Canadian and American livelihood.”
It said that the remedy “will significantly increase the cost of everything for everyone.”
KB, JSI/DJ (AP, Reuters)