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Canada-Mexico, US product exclusion and counter-tax imposition of taxes on Trump's tariff policy


Canada and Mexico have strongly criticized US President Donald Trump's tariff. The Trump administration's extensive tariff policy has been effective since Tuesday on the products of the neighboring countries of the United States. At the same time, tariffs on goods imported from China have also been increased, which immediately face Beijing's counter -response.

The news agency AP reports this information.

The White House said in a statement, “President Trump again proved that he was committed to consistent with the US trade policy with national interest.”

According to the White House data, 20 percent tariff has been imposed on imported goods from Mexico and Canada. And in the case of China, the existing tariff has been increased by 5 percent.

Yale's budget lab said the US tariff rate has been reached at the highest level after 9am.

On February 26, Trump alleged that the banned drugs, including Fentanil, were entering the United States despite an agreement with Canada and Mexico. However, the US Customs and Border Guard (CBP) data said that almost all Fentanil, who was detained in the United States since September, has passed the southern border of Mexico. On the other hand, the northern border, that is, Fentanil from Canada, was less than 5 percent.

Meanwhile, Canadian Prime Minister Justin Trudeau criticized Trump's customs policy and called it a “irrational and wrong decision”. “The excuse that Trump imposed today today is completely false, baseless and illegal,” he said.

Trudeau has condemned the imposition of the tariff on Trump's relationship with Russian President Vladimir Putin.

Canada has also announced a $ 5 billion of tariffs on US products as a retaliatory system. Trudeau says, 'We will not back down from this fight. We'll exclude American goods. The Canadian people have started resistance from now on. '

In addition, more tariffs on additional products of $ 120 billion are coming, which will be effective within 20 days. He also highlighted the exclusion of US national anthem and intense reaction in recent sports events.

However, within hours of the announcement of Canada's retaliation tariff, Trump newly warned. He wrote in Truth Soshal, “Let go of the Governor Trudeau that if Canada imposes revenge on the United States, we will immediately impose equivalent tariffs!”

Mexican President Claudia Shainbum also reacted strongly against the US tariff.

Last Monday, Trump complained that “a large amount of Fentanil from Mexico is entering the United States”. However, Chainbum dismissed Trump's allegations as baseless and misleading.

“From October 2021 to January 2021, the amount of Fentanil from Mexico to the United States has decreased by 5 percent,” he highlighted CBP information.

“This is an irrational decision, which will hurt the people of our two countries without any logical reason.” Cooperation and coordination is yes, but not domination and intervention. '

He said that if the phone calls with Trump were not resolved on Thursday, a public gathering will announce the imposition of counter -tariffs on Sunday.

Meanwhile, China announced the imposition of counter -tariff within minutes of Trump's tariff on Tuesday. According to the new tariff, additional tariffs will be imposed from 5 percent to 5 percent on US wheat, soybeans, beef and chicken.

China has already imposed 20 percent tariff during the trade war of 20. However, after the 'Phase One' agreement of 2021, some tariffs were waived. China's new tariff will be effective from March 7.

Trump's customs policy has increased tensions between Canada, Mexico and China with its main commercial partner with the United States. However, according to political analysts, its long -term impact can also be negative for the US economy.



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