Trump's tariff gambling: 'Pain' forward, but to secure US interests 'worth of price'
File Photo: US President Donald Trump

President Donald Trump acknowledged Sunday that his newly imposed taxes could bring US consumers to economic “inconvenience”, but insisted that the protection of US interests and preventing illegal immigration would be “price”.
An important move that picked up the alarm from North America and beyond, Trump followed his threat to imposing 25 % revenue On imports from neighboring Canada and Mexico, despite their participation in the US Mexico-Canada Treaty (USMCA) At the same time, Trump slapped China with another 10 % tariff, and increased continuing Trade war.

Poll

What do you think about the new taxes imposed on Canada, Mexico and China?

The prices imposed on Tuesday, after Trump Trump’s long -standing pledge to counter illegal immigration and the smuggling of fantasy into the United States, claim that they are not paying much attention to these countries. Trump requested the International Emergency Powers Act to justify these steps, which immediately gave rise to retaliation from the three countries.
“Will there be any trouble? Yes, maybe (and maybe not!)” Trump posted on the social platform of his truth. “But we will once again make the United States great, and it will be worth all that requires payment.”
A calculation gambling?
Trump’s rhetoric indicates a rapid change from previous statements, where he reduced the risk of raising consumer prices due to revenue. The president’s focus is on reducing the trade deficit and preventing US markets as foreign exploitation. However, analysts have warned that the trade war can accelerate, preventing economic growth and pushing prices on everyday goods for US consumers.
As part of his strategy to limit the economic impact, Trump targeted Canada’s energy imports by 10 % less tariffs, but his comments about Canada created further conflicts. He suggested that Canada should become the “51st state” due to a financial burden to subsidize its economy, a comment that ensures US relations are ensuring further pressure.
Retaliation and rising tension
Canada did not waste any time to announce revenge. Prime Minister Justin Trudeau promised to impose 25 % tax on selected US goods, starting on Tuesday, over $ 100 billion. Several Canadian provinces also promised to stop US liquor purchases in protests, indicating a long -term rift between the two countries.
Meanwhile, Mexican President Claudia Shenbam responded to his Minister of Economy to implement “Plan B”, indicating that his country was ready to take uncontrollable retaliation.
The value of nationalism
Trump’s prices policies have also criticized conservative circles. The Wall Street Journal’s editorial board has labeled prices “the highest trade war in history”, and it is a warning that American consumers will eventually benefit more prices.
Trump, an unconstitutional, took the goal of his critics, especially the “tariff lobby”, which he accused of being part of the globalist agenda. “In terms of trade, crime and poisonous drugs, the United States continued for decades … those days are over!” He announced another truth in social post.
Its aggressive stance is expected to continue, European Union officials have already promised to “respond firmly” to any tax imposed by the United States, making it more complicated to international trade relations. Has gone
Since prices are affected and retaliation intensifies, the economic result is uncertain, but one thing is clear: the Trump administration’s “US First” strategy is creating a storm of economic and diplomatic results that are global in the coming years. Can create a trading scene.





Source link