Almost half of car parts come from Canada and Mexico. General Motors, the largest US car maker, will potentially be most affected

WASHINGTON: President Donald Trump on Saturday signed an order to impose rigorous prices on imports from Mexico, Canada and China, which as a rapid retaliation and a trade war between the country’s North America neighboring countries. But there was an undeniable feeling of fraud.
A big gambling in the second term
The US president posted on social media that “revenue” was necessary for the protection of Americans, and that the three nations were pressured to do more work to prevent the preparation and export of illegal phenynells and Canada and Mexico to the United States I to reduce illegal immigration. The prices, if persisting, can cause inflation to be significantly damaged, and ends the confidence that many voters in Trump have promised grocery, gasoline, housing, autos. And to reduce the prices of other goods. He also took the risk of throwing the global economy and Trump’s political mandate in a riot in just two weeks in just two weeks.
Clause of retaliation for rates
Trump announced an economic emergency to give duties of 10 % on all imports from China and 25 % on imports from Mexico and Canada. Energy imported from Canada, including oil, natural gas and electricity, will be taxed at a rate of 10 %. Trump’s ruling includes the method of increasing the rates imposed by the United States against other nations’ retaliation.
Requested emergency law
Executive orders were issued under a decades -old law known as the International Emergency Economic Power Act, and they expand the scope of a national emergency, which Trump had on the first day “Illegal It was announced in connection with the influx of foreign and illegal drugs.
Canada feels ‘cheating’
Canadian Prime Minister Justin Trudeau said, “The steps taken by the White House today were separated instead of collecting us.” . He changed the “betrayal” that many Canadians were feeling, reminding the Americans, saying that Canadian troops fought with them in Afghanistan and helped respond to several crises. It encouraged Canadian residents to buy Canadian products and holidays at home.
Mexico accused of slander
In his post, Mexico’s President Claudia Shanbam dismissed the White House as a “slander” that drug cartels had an alliance with the Mexican government, which justified Trump’s administration. He directed his secretary to impose a response that included revenge rates and other measures.
China: US Issue Fentinel
The Chinese Ministry of Foreign Affairs said that the country’s government “is” firmly anxious and opposed to the move and will take necessary response to defending its legitimate rights and interests. ” “Fantinel is a problem for the United States,” he said. “The Chinese party has carried out extensive anti -drug support with the United States and has achieved significant results.” The Ministry of Commerce said it would file a case with the WTO.
Tuesday implementing rates
Prices will be implemented on Tuesday. Budget lab analysis in Yale shows that if prices are to continue, on average, US domestic will lose about 1,245 in revenue this year, equal to a tax increase over 1.4 trillion in the next 10 years Will be .
Is the European Union Next?
The president is preparing more import tax. On Friday, he mentioned imported computer chips, steel, oil and natural gas, as well as copper, pharmaceutical medicines and imports from the European Union – tricks that could essential to the United States against most parts of the world. There are because Brussels said it would retreat. AP & NYT