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Canada, Mexico and Chinese flag.
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US president Donald Trump A long -term threat was applied on Saturday Tariffs imported from Canada, Mexico and China -And these countries responded quickly.
Trump signs a 25 % tariff on the goods of Mexico and Canada, and will sign a 10 % duty to the import of Chinese imports, which will begin on Tuesday. A senior government official said that energy resources from Canada are facing lower tariffs, “to the greatest extent that we may have any destructive impact on gasoline and heating oil prices.”
Trump said in an administrative order that if the country (the three major trading partners in the United States) retaliate against, it can be achieved through the “increase or expansion” of the responsibilities.
exist Post on XTrump said that these responsibilities were given “the main threats of illegal foreigners and fatal drugs killed our citizens, including fentanyl.”
The United States has about $ 1.6 trillion in business with Canada, Mexico and China every year. The Trump administration predicts that tariffs can be used as a bargaining bargaining chip on the impact of changes in foreign policy (especially on immigration and drug trade issues).
The response from one of the three countries is rapid and decisive, and other countries seem to have taken more ways to wait for Trump’s tariffs. This is their answer.
Canada
The Canadian Prime Minister Justin Trudeau defeated 25 % of the 25 % retaliatory tariff shortly after announcing Trump’s tariffs.
He said that Tuesday will implement tariffs worth US $ 30 billion in US goods, and will issue tariffs worth $ 125 billion worth US $ 125 billion in 21 days.
Trudeau said: “Like U.S. tariffs, our response will also be far -reaching, including American beer, wine and bourbon whiskey, fruits and fruit juice, including orange juice, and vegetables, perfumes, clothing and shoes. “Saturday night a press conference. “It will include main consumer products, such as household appliances, furniture and sports equipment, as well as wood and plastic materials, and more.”
Canadian Prime Minister Justin Trudeau at the press conference on February 1, 2025, the Minister of Foreign Affairs, Melanie Joly and the Minister of Government Dominic Leblanc, Public Security Minister David McGuinty’s speech on both sides.
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Trudeau said directly to American citizens: “Yes, this is a choice that can damage Canadians, but in addition, this will have real consequences to you and the American people.”
Reverse tariffs in the United States and other places will further increase prices. All prices from cars and electronic equipment to toys and foods It is expected to be affectedEssence
Trudeau added: “No need.”
“Yes, we have differences in the past, but we always find a way to surpass them. As I said before, if President Trump wants to usher in the new golden age of the United States, a better path is to cooperate with Canada. He said. “He said.
Mexico
Mexico vowed to retaliate after the news, although the details were not disclosed.
President Claudia Sheinbaum attacked Trump’s tariffs and said that she had instructed the Minister of Economic Minister to “implement the Plan we have been working hard, including tariffs and non -tariff measures to defend Mexican interests”. ” Essence
exist Long post on XThe president added: “We clearly rejected the slander of the Mexican government, accused the alliance with the criminal organization, and any intention to interfere with our territory.”
She said in the NBC translation of the “Mail”: “Mexico does not want to fight. We start from the cooperation between neighboring countries.” “Mexico not only does not want fentini to reach the United States, but also does not want it to reach anywhere.”
She added: “We must work together in a comprehensive way, but they are always responsible for common responsibilities, mutual trust, and collaboration. “” “
China
China stated that it will file a lawsuit against the World Trade Organization to respond to duties and “take the necessary countermeasures.”
The Chinese Ministry of Commerce said in a statement on Sunday: “Unilateral tariffs in the United States have seriously violated the WTO rules, did not solve their own problems, and destroyed normal economic and trade cooperation between China and the United States.”
“In order to cope with this illegal act, China will file a lawsuit with the WTO and adopt necessary countermeasures to firmly safeguard its rights and interests.” China used to complain to the WTO, It is worth noting that the EU’s tariff on Chinese electric vehicles last year.
The facts of China stop Immediately upgrade immediately Hope has been put forward that there may be some space to avoid comprehensive trade war between the two countries. Given that Trump’s repeated threats applied in the campaign activities, the lower 10 % tax rate for Chinese -made products may also be a relief, which is a 60 % or higher responsibilities imported from the country.
China has postponed Trump’s comments on Finni in his statement, calling it “domestic issues.”
It said: “China urges the United States to adopt objective and reasonable methods of domestic issues, including fentanyl, rather than resorting to the threat of tariffs on other countries.”
Synthetic opioid Fantany is an addictive drug. Each year in the United States, thousands of cases are taken every year in the United States. The chemicals required for the drug are mainly produced in China and Mexico. Washington and Beijing have previously agreed to cooperate On this issue.
‘Global Trade War
Capital Economics Paul Ashworth, the chief North American economist, said in a report on Sunday that tariffs were only “the first strike of a very destructive global trade war.”
He said that he expects that EU imports will become the goal in the next few months, and it is expected that the common tariffs in April-Trump will be announced in the campaign.
According to Ashworth, economic influence will have significant significance to all participating countries.
He wrote: “Because exports to the United States accounted for 20 % of its GDP, today’s tariffs may cause Canadian and Mexican economies to fall into the late economic recession of this year.”
“The surge in the inflation rate of these tariffs and other future measures will increase faster and larger than our initial expectations.”
-CNBC’s Tanaya Macheel, Kevin Breuninger and Jeff Cox contributed to this report.
