US President Donald Trump (L) and Canadian Prime Minister Justin Trudeau (R)
Washington: US President Donald Trump has signed an order to impose strict duty on goods imported from Mexico, Canada and China. In his post shared on the social media forum X, President Trump said that these fees are ‘necessary for the protection of Americans’. Trump has taken such a step with the aim of curbing illegal construction and export of ‘Phantanel’ (pain reliever) on all three countries.
What will Trump answer to counter -duty?
Trump has decided to impose 10 percent duty on all imports from China and 25 percent on imports from Mexico and Canada. Energy imported from Canada, which includes oil, natural gas and electricity, will be taxed at a rate of 10 percent. After Trump’s order, if these countries also impose retaliation, then the US will have the option to increase these rates which will have serious economic results.
Justin Trudeau’s strict stance
Canadian Prime Minister Justin Trudeau said in a serious tone about Trump’s decision, “The action taken by the White House has separated us rather than united.” He said that his country would impose 25 percent duty on US imports up to $ 155 billion including alcohol and fruits. Trudeau reminded Americans that Canadian soldiers fought with them in Afghanistan. In California, he had helped to deal with the crises ranging from wildfire to the storm ‘Katrina’. The President of Mexico has also ordered to impose retaliation. China has not immediately responded to Trump’s action.
Canadian Prime Minister Justin Trudeau
What did the President of Mexico say?
Mexico President Claudia Shinbam wrote in a post on X, “We clearly dismiss the White House allegation that our government has an alliance with criminal organizations.” The President said that he said that he has a response to his economy secretary Instructions have been given to implement, which includes counter -duty and other measures in protecting the interests of Mexico. Shinbam said, “If the US government and its agencies want to deal with the heavy consumption of Phantanel in their country, then they can fight the sale of drugs on the streets of their major cities, which they do not do and this The money laundering generated by illegal activity has caused great damage to their population. ”
Voters will get up from Trump
Significantly, the charge is expected to increase inflation and this may end the confidence of voters that Trump can bring down the prices of grocery, gasoline, housing, vehicles and other items as he promises. This action has led to an economic deadlock with the US and its two largest trading partners Mexico and Canada. It will be interesting to see where the relationship will go now. (AP)
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