Canada, Mexico announce retaliatory tariffs on US imports in response to Trump’s tariffs on American neighbors
Economist Steve Moore and White House Economic Advisers Thomas Phillipson discusses President Donald Trump tariffs on foreign countries on the “bottom line”.
Canadian and Mexico announced US import tariffs on Saturday Donald Trump Placing tariffs on both countries.
Trump has signed an executive order that allowed 25% additional tariff from Canada and Mexico imports to 10% additional tariff for imports from China. Energy imported from Canada, including oil, natural gas and electricity, will be taxed by an additional 10%.
The White House has referred to the “extraordinary threat of illegal foreigners and drugs, including the Deadly Fentanil”, which claims that it is a national emergency. The tariffs will come into force on Tuesday.
According to the Associated Press, inflation can cause inflation, which should have lowered the prices of food, gasoline, houses, cars and other products. The tariffs for the largest commercial partners in America also risk the world economy.
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President Donald Trump takes his oath in his inauguration message, which swore in the 47th President of the United States in Washington, DC (Chip Somodevilla / Pool / AFP Via Getty Images / Getty Images)
Trump’s order also promises to raise the rates if the countries revenge, which can lead to even more severe economic disorder, but it does not prevent it.
“The activities of the White House distributed us today together with each other,” said Canadian Prime Minister Justin Trudo at a press conference, when the northern neighbor of the United States imports the United States, including alcohol and fruits.
Truden expressed her treason to remind Americans that Canadian troops fought in Afghanistan and helped to respond to various disasters and storms in the United States.
“We were always standing with you, pissing you, with the American people,” he said.
Trudo warned about economic pain Due to tariffs and encouraged Canadians to “choose Canadian goods and services than American.” He has still been optimistic about the relations between the two countries.
“It will have real consequences for people, for employees on both sides of our border,” he said. “We don’t want to be here. We have not asked for it, but we will not return to stand for the Canadians and Canadian and the United States for an incredible successful connection. “
Mexican President Claudia Shinbaum has similarly ordered the Response Tariffs.
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US President Donald Trump (L) and Canadian Prime Minister Justin Truden (R) participate in the NATO summit on December 4, 2019 in Watford, England. (DAN KITWOOD / Getty Images / Getty Images)
“We strongly reject the defamation of the White House that the Mexican government has alliances with criminal organizations, as well as any intention of confusion in our territory,” the secretary of his economy includes other action and other measures.
“If the United States government and its agencies wanted to resolve her strong consumption in their country, they could fight against drug trafficking, which they do not, and money laundering it causes so much damage to its population.” added he.
The Prime Minister of the Canadian British State David Abbie also called on residents to stop buying liqueurs from the GOP leaders in the United States and said that it defines American alcoholic trademarks from the shelves of state stores.
China also answered Trump tariffs, saying that they would file a complaint with the World Trade Organization, and that they would demand “appropriate counterattacks, our rights and interests.”
“China is strongly dissatisfied and firmly against it.” The Chinese Ministry of Commerce said in a statement.
A new analysis of the budget laboratory in Yale said that the average US household will lose the equivalent of $ 1.170 from the new Trump tariffs in accordance with the Associated Press. Economic growth would be slow, and inflation would worsen, and the economic impact could deteriorate through revenge by other countries.
The order will also allow tariffs for Canada to import to $ 800. Imports below this number, according to Associated Press, are currently allowed to pass US without customs and responsibilities.

Mexican President Claudia Sheebaum and US President Donald Trump. (Emmanuel Rosas / Obturadormx / Getty Images, Left and Allison Robbert-Pool / Getty Images, Right: / Getty Images)
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The Democrats criticized the Trump’s order, warning that any inflation would be the result of Trump’s actions in the near future.
“You are worried about grocery prices. The prices of Don by raising his tariffs, “said Chuck Shumer, the leader of the Senate Minorities.
“You are worried about tomato prices. Wait until Trump’s Mexico tariffs raise your tomato prices, “he said.
The Democratic leader added in another post. “You are worried about car prices. Wait until Trump’s Canadian tariffs raise your car prices. “