
New Delhi:
Canadian Prime Minister Justin Trudeau and Mexico President Claudia Shenbam have quickly responded to US President Donald Trump’s own actions with his own actions, likely to significantly affect the global supply chains. Is
Canada will impose 25 % of Canada’s $ 155 billion in US imports, he said, adding that Canada’s $ 30 billion would be implemented from Tuesday and remained in the remaining 21 days. China, too, vowed to “similarly responding” against new rates.
Meanwhile, Shenbam said that he had told his Minister of Economy that “to implement Plan B, which we are working on, including tariffs and non -tariff measures in defense of Mexico’s interests”. She also withdrew Washington’s allegations that her government had a “unbearable alliance” with drug trafficking groups. “We clearly reject the slander of the White House against the White House against the Mexican government’s alliance with criminal organizations against the Mexican government,” Shenbam wrote on the social media platform X.
Trump on Tuesday signed an executive order imposing a 25 % tax on all Canada and Mexico goods, except for Canada’s energy products, which would be 10 % duty. Referring to the “major risk” of illegal immigration and drugs, it also implemented an additional tariff of 10 % on good from China, which already faces different duties.
Trump requested the International Emergency Powers Act to impose revenue, the White House states that “an extraordinary threat posed by illegal illegal foreigners and drugs, including deadly fantasy, poses a national emergency” – The White House added that the purpose is to hold the promises to “stop illegal immigration and to prevent poisonous fantasy and other drugs from going into our country.”
They have also promised to impose duties on the European Union in the future. It has promised revenue on semiconductors, steel, aluminum as well as oil and gas. The White House said, “Racies are a powerful, proven means of benefiting the national interest.”
US imports from Canada and Mexico cover about $ 900 billion worth of goods by 2023, and the supply lines are deeply connected between three North American neighboring countries – who are involved in the trade deal. The important imports of US agriculture in Mexico and Canada are also calculated, which means that duties can increase popular food prices like Aukados and tomatoes. According to Statistics Canada, about 80 percent of Canada’s exports go to the United States, costing about $ 410 billion.
Mexico exports to the United States represented 84 % of the goods sold to the world last year, according to its National Institute of Statistics, more than $ 510 billion. More than 80 % of the US Ekkado comes from Mexico – this means that more costs than import costs can increase prices like goatomol.
(Tag stretchinsula) Trump
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