What are the tariffs, why does it use them and prices will rise?

US President Donald Trump announced a 25% tariff in all steel and aluminum imports.

He already provided 10% tax tax on all products – it also responded to his measures – and threatened to provide tariffs for products from Canada and Mexico.

Trump reports that tariffs will increase the United States economy and “protect the country from illegal immigration and drug flow.

Tariffs are taxed for goods imported from other countries.

Companies that bring foreign goods to the country pay tax taxes to the government.

Typically, tariffs are a percentage of the value of the product. 10% tariff for Chinese goods means a $ 10 worth of $ 1 billion.

Firms can choose to move to customers part of the tariffs or all.

Tariffs are the central part of Trump’s economic plans. During the election campaign, some of America’s main trade partners will provide import tasks.

He says that tariffs will maintain the production and operation of the United States and increase tax revenues and economic growth.

This The White House said According to him, the President “Mexico and China” was reported to promise to stop the illegal immigration of Mexico, Canada and China to stop other drugs flowing to the country. “

Fentanl is associated with tens of thousands of overdose in the United States every year.

The chemical supply of the Trump administration comes from China, and Mexican provides illegal supply and manages Fentanyl laboratories in Canada. Canada’s Prime Minister Justin Trudeau said that his country was in charge of Fentanyl, who entered the United States in less than 1%.

Canada provided more than 50% of the aluminum brought to the United States in 2024.

US shares followed the announcement of the steels. However, American companies, which use steel and aluminum to prepare the product, warned that the tariffs could reach the prices.

The Canadian government said the tariffs are “completely unfounded” and SWIFT REDUCED.

Trump, as President, in the first time, in 2018, in 2018, 25% of tariffs in the aluminum and announced 15% of tariffs. At the same time, it was later negotiated for many countries, including Australia, Canada and Mexico.

Despite the fact that the US International Trade Commission reports, in the United States, in the United States increased the average price of steel and aluminum in the United States by 2.4% and 1.6% and 1.6%.

Together, China, Mexico and Canada in 2024, the United States was more than 40% of imports.

Chinese

10% Payment to all goods imported from China to the United States On February 4ns. Trump later said Loads with less than $ 800 (£ 645) would be free.

Retaliated with Beijing Own tariffs entering into force on February 10. These include 15% of the US coal and liquefied natural gas products and 10% tariff in crude oil, agricultural machinery and large engine vehicles.

China has repeatedly stated that he opposed the US trade war.

Canadian

The proposed tariff for 25% of all the goods received from Canada will begin on February 4. However, this was postponed for 30 days.

Canada also stopped the revenge combination of US imports worth $ 155 billion ($ 107 billion; 86 billion).

Prime Minister Trudeau said that Canada “$ 1.3 billion border plan, technology and personnel”, as well as “$ 1.3 billion border plan” to add “to stop the flow of Fentanl”. Most of the Border Security Plan has already been announced.

Trump, the delay will allow the United States to see if there is a “last economic deal with Canada.”

Mexico

The 25% offered against Mexico tariff, Mexico has been postponed for a month, as well as new measures against US goods.

Mexican President Claudia Sheenbaum agreed to send 10,000 members of the 10,000 Mexican border to the US-Mexican border.

Sheenbaum, in turn, said the United States agreed to increase measures to prevent the trafficking of high-powered US weapons to Mexico.

All goods worth more than $ 800 are covered with 10% tariff.

Economists are likely to increase prices for US consumers, which are sold to US consumers.

If measures against the import of Mexico and Canada continue, the items they produce are expected to be more expensive.

Car production can be extremely harsh. The parts of the vehicle are repeatedly passed by the United States, Mexico and Canada borders without a completely gathering.

The average US average car price increased by $ 3,000 in terms of import taxes, offered a financial analyst TD economy.

Other goods that can be affected by Mexico include fruit, vegetables, soul and beer.

Canadian products like steel, wood, grains and potatoes are likely to be more expensive.

Canadian energy would face 10% tariffs instead of 25%.

According to official statistics, US tariffs for washing machines imported between 2018 and 2023 increased by 34%, 34% to 34%. Prices fell after the expiration of tariffs.

Some experts may ask Trump’s new cycle of new tariffs, a wider trade war that can further further further prices.

The Capitol economy, the annual annual inflation rate of the United States has increased from 2.9% to 4%, he said.

Trump said that BBC was “outside the line” to BBC, But a solution is “developed“.

England, USA exports medications, cars and scientific tools.

The Secretary of Johnathan Reynolds said that England should be expelled from tariffs, because he more than the United States has sold more.

BBC Economic Editor Feysal Islam said Understands that it will not retaliate in the UK Update steel and aluminum tariffs.

Trump, at the same time, because they applied tariffs in the EU, because “they are almost nothing and we get everything from them.”

In 2024, the United States had a $ 213 billion trade deficit with the EU – this Trump was described as “savagery”.

The head of the European Commission Ursula Von Der Leyen strongly criticized the new steel and aluminum gathers.

“Unsound tariffs to the EU will not remain unanswered.”

Harley Davidson and Jack Daniel, who produced a motorcycle, faced with EU tariffs before the whiskey.