Canada, Mexico and China face import taxes on Saturday, White House says
The White House said that the US President Donald Trump will impose a 25 % tariff from Mexico in Mexico, 25 % in Canada, and levy 10 % of China on February 1.
However, Trump said on Friday that the tariff rate of Canadian oil was reduced by 10 %, which may take effect after February 18.
The president also said that he plans to impose tariffs on the EU in the future, saying that the group does not treat the United States well.
Karoline Leavitt, the White House press secretary, said that the responsibilities of Canada and Mexico were in response to “they purchased and were allowed to be distributed to our illegal Finiti, and the country killed 10 million Americans Americans. “” “.
Trump has also repeatedly stated that this is to solve a large number of unlicensed immigrants that encounter the US border and trade deficit with neighboring countries.
Ms. Levit held a press conference in the White House on Friday: “These are the promises and commitments made by the president.”
During the campaign, Trump threatened to combat Chinese -made products with up to 60 % of tariffs, but on the first day he returned to the White House, he took any immediate action, but ordered his government to study the issue.
Since 2018, goods imported from China have been flattened. This statistical data is that economists are partly attributed to a series of continuously upgraded tariffs that Trump imposed during his first term.
Earlier this month, a top Chinese official warned that Trump returned to the presidential position and restored the threat of the trade war between the world’s two largest economies-but did not mention the United States in the name of the United States.
Chinese Vice Premier Ding Xuexiang said in a speech to the World Economic Forum that his country is looking for a “win -win” solution to trade tensions and hopes to expand its import.
China, Canada and Mexico are the largest trading partners in the United States, accounting for 40 % of goods imported to the United States last year. They are worried that the new steep tax may launch a major trade war and push up the price.
Canadian Prime Minister Justin Trudeau said on Friday: “This is not what we want, but if he moves forward, we will also take action.”
Canada and Mexico have said that they will respond to our tariffs with their measures, and attempt to guarantee to Washington that they are taking action to solve concerns about the US border.
The Broadcasting Corporation has been in contact with the Chinese Embassy in the United States.
If the United States imports oil from Canada and Mexico and levies taxes, it may destroy Trump’s commitment to reduce the cost of living.
Tariffs are imported taxes for products produced abroad.
Theoretically, tax collection items entering a country means that people’s purchase is less likely because they become more expensive.
The purpose is to buy cheap local products-promote the economy of a country.
However, the tariff cost of imported energy may be passed on to enterprises and consumers, which may increase all prices from gasoline to grocery.
On Friday, Trump agreed to transfer tariff costs to consumers, and his plan may cause interruption in the short term.
About 40 % of crude oil throughout the US refinery is imported, most of which come from Canada.
