new york:
President Donald Trump claimed on Sunday that Americans could feel economical “pain” from tariffs on major trading partners, but to ensure the United States’ profits.
On Saturday, Trump finally signed a 25 % tariff threatened in nearby Mexico and Canada, despite the fact that Trump ultimately shared free trade agreements, and in addition to the tax that has already been established. I attacked China with tariffs.
The president has pledged to take such actions before his inauguration, but argued that he was not doing enough to stop the illegal immigrant and the deadly opioidfentanil trafficking to the United States.
When imposing tariffs on Tuesday, Trump has evoked the International Emergency Emergency Economic Law.
This movement caused an immediate oath of retaliation from all three countries, but analyst warns that subsequent trade wars will slow US growth and increase consumer prices in a short term. did.
“Do you have any pain? Yes, maybe (and maybe not!) Trump wrote Sunday morning with all caps of his true social media platform.
“But we will make the United States great again, and it is worth the price that we need to pay.”
The president and his adviser acknowledge that after the dissatisfaction with the rise in costs is considered a major factor in his election victory against the Democratic Party, the customs duties may increase the US consumer price. I was resisting.
Apparently, Trump has only 10 % of the energy imports from Canada, as it is trying to limit fuel and power prices.
In another social media post, Trump once again called for the northern part of the United States to become a US state, and even more tension, one of the closest ally in his country.
Trump added while the United States claimed to “pay hundreds of billions of dollars to assist Canada.” “With this large -scale subsidy, Canada has stopped existing as an executable country.”
“Therefore, Canada should be our precious 51st state,” he wrote about the true society, saying, “This movement brings much lower taxes and much better military protection to Canada people. There is no tariff!
The US Census Bureau stated that the trade deficit in 2024 with Canada was $ 55 billion.
“American lipov”
Canadian Prime Minister Justin Trudeau pledged on Saturday to have 25 % tax on $ 1550 billion (US $ 106.6 billion) on Saturdays, and was the second in three weeks following the first round of Tuesday. I vowed that the round will continue.
Some Canadian leaders have already announced retaliation, including immediate suspension of US liquor purchase.
Meanwhile, Mexico’s President Claudia Shainbaum said that he had instructed the Minister of Economic to implement “plan B”, which has not yet been specified.
On Friday, the editorial committee on the right side of the Wall Street Journal was the title of “The Most Flying Trade War in History” exploded Trump’s tariffs, saying, “American consumers cost for some products. You will feel expensive. “
Trump applauded on Sunday and said, “Globalists are led by the” tariff lobby “, the Wall Street Journal is working hard to justify … Trading and crime for decades. , And toxic drugs. “
He has long been accused of our trade deficit as a sign of other countries using Americans.
“That day is over!” Trump said on Sunday after visiting one of Florida’s golf course.
He has repeatedly threatened trade measures against the European Union. Block spokesman swore on Sunday that “we will respond to the trading partner who imposes an unreasonable or ARBITRARILY tariff.”
(Except for the headlines, this story is not edited by the NDTV staff and is published from Shinjikate Feed.)
