Unlock White House Watch Newsletter for free

Your guide to what 2024 US elections mean is Washington and the world

Mexican and Canada officials spent on Wednesday afternoon searching “Donald Trump” list for the latest news from Washington to give them a rebovene.

An exemption exported to the US under three countries of free trading agreements relieving the US presidential fears to put Additional tariffs with his two largest trading partners.

“Mexico No additional tariffs. . . It is because of the good relationships we have built between the Mexican government and the US government, based on respect, “says President Claudia Sybaum next day.

But the Prime Minister of Canada Mark Carney, now in the campaign ahead of a general election last month, warning “US administration actions, while not specifically specified CangroundThe world’s economy will break and affect the economic growth in the world “.

In response, he announced 25 per cent tariffs in non-USMCA following vehicles imported from the US to apply in the coming days. According to a Canadian government official is expected to increase C $ 8bn (US $ 5.6bn) to protect workers and business.

Despite the difference in tone, the two leaders claim that their ways helped them this week to avoid what Trump called “tariffs in liberty”.

Although their free trading agreement with the US agreed on Trump’s first term, the Tarko president threatened them with a few levels of dead opioids, fentanyl.

After imposing 25 percent of steel tariffs and aluminum imports soon after the US and Mexican oil products, from oil products, from oil products US and Mexico, except Canadian oil products and candian. The days later he posted the steps, to simply reverse his decision last month and then U-turn too.

He also imposes 25 percent tariffs In all automobile imports, whatever or they do not comply with the free trade agreement, known as USMCA, which ended April 2.

In response to Ottawa in March imposes a 25 percent tariff of a wide range of US products worth C $ 29.8bn.

Mexican is not avenged, instead of following sheinbaum calling a strategy “cool heading” strategy to meet Trump’s demands than dealing with him.

Mexican officials on Thursday said the strategy suffered fruit and they focus on getting a better deal. Economy Minister Marcelo Eberberd says: “This is a great success, I say, from the point of view where we start with no exemptions.”

Sheinbaum and Carney also enjoyed major polls of polls since Trump began to set tariffs in their countries. The US President’s levies, along with threats to annex canada as a 51st state have provoked Anger North of the border, with Canadians boycotting us goods and the new prime minister’s firm stance winning him plaudits at home.

But despite avoiding the latest tariffs curveball, the effect of existing levies can be severe.

According to the latest Trump executive order, the 25 percent of Canadian tariffs in non-USMCA items go 12 per cent if the US is pleased to withdraw fentanyl and stops illegal migration.

However, things that do not follow USMCA rules, as well as steel, aluminum and cars, remain subject to the first 25 percent tariff.

The car making, long-termed heart participation in the regional economy, with the features of famous crossing all three countries for assembly, with millions of jobs dependent on the sector.

Carmaker stellantis wipes US workers and stop making a production in Mexico and Canada.

The Mexican economy is in a sharp slowdown and many economists believe that the recession, while the negative effects of Tarko in the US economy can also hit its neighbors.

“If the US has a shrinkage too hard for Canada to avoid the same thing,” he said.

A wider change of USMCA as well as being, with Carney saying with “many violations” that free trade agreement should be “a renegotiation”.

However, Mexico remained in the crash, with Sirbaum on Thursday intending to persuade companies to invest in USMCA-compluant country production.

“We think that in the dialogue we have established there are conditions with a better deal,” he said.