The Donald Trump’s commercial war It is already underway. Those announced 25% tariffs to imports of Mexico and Canadathat the president of the United States had delayed, they have finally entered into force at midnight from Monday to Tuesday, as well as the new rates to the assets of Chinathat now bend up to 20%.
The Republican president thus opens the door to a large -scale commercial conflict -Yen baptized by ‘The Wall Street Journal’ as “The most silly commercial war in history”– With its three main commercial partners, which justifies by the entry of Fentanyl From those countries in American territory.
Specifically, from now on all imports from Mexico and Canada will be taxed with 25% tariffsexcept Canadian hydrocarbons products, which will have a 10%tax. Chinese imports, which since February 4 They already had additional 10% tariffsadd up now another 10% more.
Beijing and Ottawa undertake reprisals
The China and Canada response It has been practically immediate. Beijing has announced this Tuesday 10 and 15% tariffs on agricultural products from the United States, which will enter into force as of March 10. Thus, US imports of chicken, wheat and corn will tax with 15%, and with 10% those of soybeans, pork and beef, aquatic products, fruits and dairy products, among other products.
The Chinese Finance Ministry justifies in a statement, cited by the EFE agency, its response to the “unilateral” taxes of the US, which “which” which “which”They damage the multilateral trade systemThey increase the burden on US companies and consumers and undermine the basis of economic and commercial cooperation between China and the United States. ”
In turn, the Asian country’s trade portfolio has announced that a group of US companies to their export control listanother to its list of unreliable entities, and that will take the case to the World Trade Organization.
For his part, the Canadian Prime Minister, Justin Trudeauhe has already announced that he will impose tariffs against $ 100,000 million in American products during the next 21 days. Trump’s tariffs have reproached, “will interrupt an incredibly successful commercial relationship” and violate the free trade agreement between the US, Mexico and Canada signed during the first mandate of the Republican.
At the same time, the Prime Minister of Ontario, Doug Ford, has threatened Cut nickel shipments and electricity transmission From his province to the United States in retaliation, he told the ‘NBC’ chain, cited in turn by Reuters. The Mexican president, Claudia Sheinbaum, is expected to announcing reprisals this Tuesday.
Source: Lasexta
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