President Donald Trump has signed a tariff on products coming from Canada, Mexico, and China to the United States, and on Saturday, the risk of trade war with the closest to the United States in the United States has increased, and all the price from cars to avocados. He stated that he threatened to pull up.
The tariff rate of Canadian energy products is 10 %.
Trump said in 2023 that more than 107,000 people had died of more than 107,000 people due to drug overdose. Trump also stated that tariffs correspond to trade deficit between the United States and three countries, as the United States imports more imports than exports.
Economists for the entire political spectrum hope that customs duties will increase the amount paid by consumers to various products, such as vehicles, electronic equipment, agricultural products, and wood. Customs duties, like tax, are paid by companies that import products to the United States.
Some companies try to procure products elsewhere, but other companies without alternative means will be forced to pay. In other words, our grocery store has a high cost of fruits and vegetables grown in Mexico. Housing builders will pay more for Canada wood. Automakers also need to pay tariffs each time the component crosses the north or south border. This occurs repeatedly during a single vehicle.
Companies need to determine whether these higher costs to consumers or absorb them. This effect can be widely reached throughout the US economic because American consumers and companies import more products from Mexico than any other country.
Trump has created tariffs at the center of his campaign pitch to improve the economy quoted as a reason for many voters to return him to the White House. He argues that tax will protect American industries from unfair competition by encouraging taxation to make foreign products more expensive and manufacturing in the United States.
“This is a beautiful and beautiful example that President Trump has held,” said a government official.
Authorities said that there were no specific actions in the United States looking for three countries to cancel tariffs, and there was an illegal immigrant and the end of Fentanyl.
“There are a wide range of metrics. In the Golden Age of Donald Trump, there are only legal immigrants, and the Americans who cut Chinese, slashes in Mexico, and Canadian Fentanil will be zero,” said the officials.
However, Economist has found that Trump did almost nothing to achieve its goals of tariffs imposed on China during his first term. Instead, they raised the price of many imported products, led to pure losses in the manufacturing industry and a reduction in corporate investment. Almost all income collected from Trump’s previous tariffs against China went to pay for the US peasants, and in accordance with the loss from China’s tariffs. The taxation did not produce an important concession from Beijing, which could not meet many of the commitments under the trade agreement negotiated during the first term of Trump.
President and Mexico’s latest tariffs threaten to overturn the US Mexican Canada Agreement, one of his signature trade agreements. Trump is mainly permitted to move products between three countries, as the product has been carried out in three countries, as has been being conducted for decades under the NAFTA agreement replaced by USMCA. As a result, this transaction was advertised as a victory. Current trade contracts have not been reviewed until July 2026, but new tariffs can be faster and more dangerous.
“This is not to change the job of other administration. According to Francisco Sanchez, the United States and Knight’s international trade lawyer and the US Secretary -General for trade under the Obama administration. I mentioned it.
The White House said that Trump would issue duties based on the International Emergency Emergency Economic Law. Despite the USMCA, Trump stated that he had legal authority to regulate imports in the state of state emergency, and declared on the southern border on the first day of his inauguration.
Most of Trump’s tariff threats in his campaign focused on China, but he has been focusing on Canada and Mexico since it was selected. The two countries will vow for retaliation, which will compete with American products in the precincts and hurt the US business that sells there. Car, oil and gas, electronic devices, industrial equipment, and agricultural products are one of the top US exports to Canada and Mexico.
“What we have seen in this kind of situation in which the United States has spent tariffs on other countries is an attempt to target a truly sensitive stakeholders and a place.” Wiley Rein’s trade lawyer GRETA PEISCH stated. A US trade representative lawyer in the Biden administration. “They are very familiar and understand how our process works and what they have.”
Senior administrator stated that if the US retaliation was selected, there was a “retaliation clause” in the administrative order issuing tariffs.
According to the Peterson Research Institute’s analysis, the trade war between the three countries can reduce all of these economic growth, which can affect Mexico.
“In the case of Mexico, 25 % of tariffs are catastrophic. Furthermore, the economic decline caused by tariffs can increase the incentive of Mexico illegally to the United States, giving priority to another Trump administration. He said that it was directly contradictory with the matter.
The US automotive industry is one of the most vulnerable to the impact on tariffs. For decades, the supply chain has been greatly intertwined with neighbors in the north and south. If the vehicle and components cross the boundary many times during the production process, the cost of the vehicle may increase rapidly if the collection of 25 % is repeated.
The United States also depends on Mexican agricultural products, one of the top suppliers of tomatoes, avocado, berry and peppers. The rise in food prices is the biggest concern for consumers and voters, and the cost of food has increased by about 25 % in the past four years.
After his previous threat, Mexico threatened retaliation tariffs on American products sold there, for a total of $ 360 billion. It can hurt our companies sold to Mexico consumers.
In addition to immigrants, Trump and members of the Diet have raised concerns that China may use Mexico as a back door to the United States to avoid paying tariffs. Mexico has seen the rapid increase of manufacturers relocating from China as a way to avoid Trump’s tariffs on China during his first term. According to data edited by Rhodium Group, investment transactions published by Mexico Chinese companies have increased rapidly in recent years.
Dustin Jalvat, a senior economist in the first market, said Dustin Jalbart, a high -end economist in the first market, expecting to raise the price of Canadian wood, which is known to be lighter and easier to cooperate.
The Canadian timber factory has already struggled from the destruction of millions of acras of acras from the previous duty imposed by the United States and the invasion of pine beetles. He said more tariffs could further hinder the industry.
“Consumers will eventually pay a certain amount of abilities because the market supply is ultimately reduced and the price is rising,” said Jalbert.
The National Housing Construction Association has warned that it could put pressure on housing prices, which are no longer reached by millions of Americans.
Customs duties are one of the best exports to the United States in Canada, so they can raise gas prices and hinder Trump’s ambitious pledges that halve energy costs in the first 12 months. Masu.
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