The commercial war unleashed by the tariffs determined by the president Donald Trump Some of its main business partners are deepened with the entry into force of taxes on Tuesday, and the retaliations announced by China, Canada and Mexico.
The markets in Asia, Europe and also in USA -The last to open- accuse the impact of these protectionist measures that according to analysts constitute higher tariffs since the 1940s.
Imported products from Canada and Mexico, United States partners in the North American Free Trade Agreement, will have 25%tariffs. In the case of China, the rise is 20%.
Trump pressed with the tariffs for Canada and Mexico increase the surveillance of their borders. Both countries took action in the last month, but did not leave the Republican tycoon satisfied.
Shortly before expiring the deadline to achieve an understanding, the Republican tycoon declared that “There is no room”Maneuver to avoid the tariffs that initially imposed on February 3, before pausing them for a month in search of solutions to migratory problems and drug entry in the United States.
“What they will have to do is build their car factories (…) and other things in the United States”He launched.
The reactions did not wait.
The t-mec shaked
The Government of Mexico reported Tuesday that it shows measures “Tariff and non -tariff”In retaliation to Trump’s taxes.
“We have decided to respond with tariff and non -tariff measures that I will announce in Public Square next Sunday”President Claudia Sheinbaum said at a press conference.
Mexico He delivered some of the best known jailed drug boundaries to the United States and deployed thousands of military at the border during the last weeks, among other measures, in an attempt to avoid tariffs.
“We have said it in different forms, cooperation and coordination yes, subordination and interventionism no. Mexico is respected”He emphasized.
For Canada, customs rates are a “Existential threat”, According to Foreign Minister Mélanie Joly. “Thousands of jobs are at stake”He warned.
Therefore, Canadian Prime Minister Justin Trudeau, warned that his country “will respond from midnight applying 25% taxes to US $ 155,000 million in American goods”
Tariffs will affect more than US $ 918,000 million in US imports in Canada and Mexico.
And the population’s concern is evident in the streets.
In the Canadian town of Windsor, located in front of Detroit and with 250,000 inhabitants and heart of the Canadian car industry, Canadians feel betrayed by their neighbor and fear the closure of plants.
“We are all terrified”, Told AFP Joel Soleski26 years old, worker of the Stellantis automobile giant, who fears being fired.
The manufacturer is one of the most exposed to these tariffs, according to a Moody’s report: 40% of its vehicles sold in the United States (under RAM, Fiat, Dodge or Chrysler brands) are manufactured in Canada and Mexico.
In Mexico, in the border port of Otay, dozens of truck drivers lined up at dawn on Tuesday to cross the United States, some with their charged vehicles and other gaps to collect merchandise and subsequently take it to Mexico.
Choferes interviewed by AFP referred to a decrease in the number of trips with merchandise to neighboring San Diego.
“The work is lowering because most, 50% of Tijuana companies export Chinese material. And since tariffs are also towards China, work down for companies (transport)”Said Ángel Cervantes, 28.
“Now we are only bringing wood”From the United States, says Jonathan Figueroa, 26, driver of a company that lost one of its main clients that decided to relocate its solar panel company in the neighboring country.
THE RUGIDO OF THE CHINESE
Trump also rose in 20% tariffs to China. And Beijing responded immediately, announcing that it will impose supplementary taxes of 10 and 15% to several food imports from the United States such as soybeans, wheat or chicken.
“If the United States (…) persists in raising a tariff war, a commercial war, or any other type of war, the Chinese part will fight it until the end”Said a spokesman for the Ministry of Foreign Affairs, Lin Jian.
Washington reproaches China his “inability” for “Combat Fentanilo’s avalanche”a synthetic opioid that kills tens of thousands of people a year in the United States.
Specialists fear that Trump’s measures will feed inflationary pressures in the United States.
Source: Gestion
Ricardo is a renowned author and journalist, known for his exceptional writing on top-news stories. He currently works as a writer at the 247 News Agency, where he is known for his ability to deliver breaking news and insightful analysis on the most pressing issues of the day.
