Trump Set to Impose 25% Import Tariffs on Mexico, Canada Saturday
Key points
- President Donald Trump said he would continue to impose 25 % tariffs on two largest trading partners in the United States (Canada and Mexico) on Saturday.
- Trump said on Thursday that tariffs aims to contain drugs and immigrants in Ottawa and Mexico City into the United States and solve their deficit with these countries.
- However, Trump said that the United States may not impose tariffs on oil imported by the two countries.
President Donald Trump said he will continue Plan On Saturday, the two largest trading partners in the United States will impose 25 % tariffs on imports.
Trump said on Thursday that tariffs aims to contain drugs and immigrants in Ottawa and Mexico City into the United States and resolve the deficit held by the United States and these countries.
Trump said: “We will announce tariffs on Canada and Mexico for various reasons.”Essence “The first person is so terrible to our country. The second place is drugs, Fentney and all other things to enter the country. The third place is a large number of subsidies we provided to Canada in the form of deficit Mexico.”
Trump said we may not collect oil prices
However, Trump said that according to whether Canada and Mexico “treat us properly” and “if the price of oil is correct”, the United States may not impose tariffs on oil imported by the two countries. CNBCEssence
trump card Impose On the first day of the president’s term, he levied 25 % of tariffs on goods in Canada and Mexico. Although he refused, he later said he would levy on February 1.