US President Donald Trump has made good on his promise to impose sweeping tariffs on goods from Canada, Mexico and China, despite warnings from economists and criticism from his own party. He and the White House announced the move on Platform X.
Tariffs of 10 percent would be imposed on all imports from China and 25 percent on imports from neighboring countries Mexico and Canada, he said. For energy imports from Canada, a 10 percent rate should be applied. Tariffs are a type of surcharge on imported goods. They should be at the border and affect American importers and consumers in particular.
To implement the tariffs, Trump has declared a national emergency under the International Emergency Economic Powers Act, which gives him broad powers to combat crises. According to Trump's interpretation, the tariffs are intended to stop the smuggling of the drug fentanyl into the US and the flow of illegal immigrants.
Mexico, Canada and China reacted immediately and announced countermeasures. Mexican President Claudia Sheinbaum wrote on Platform X that she had instructed Economy Minister Marcelo Ebrard to implement a plan that includes counter-tariffs. If such an alliance exists anywhere, “it is in the US gun shops that sell the latest weapons to these criminal groups,” Sheinbaum said.
Canadian Prime Minister Justin Trudeau also reacted. Canada will impose 25 percent tariffs on U.S. goods starting Tuesday, Trudeau said at a news conference. Canada's planned tariffs are planned for $155 billion worth of U.S. goods. The Canadian government is also considering measures in other areas, such as trade in resources. Trudeau also urged Canadians to buy Canadian products and spend their holidays at home rather than in the United States.
In a moving speech, he highlighted the centuries-old relationship between neighbors the US and Canada. "We have fought together, we have died together. We have always stood by the Americans. 'Long live Canada,'" Trudeau concluded.
China also announced "appropriate countermeasures" in response to the US imposition of tariffs on Chinese goods. In addition, a complaint will be filed with the World Trade Organization (WTO), a spokesman for the Chinese Ministry of Commerce said. (A2 Televizion)
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