Canada And after China, now Mexico is also going to put a counter -tariff on America. Mexico has also announced to impose counter tariffs amidst the US tariff. Mexico President Claudia Sheenbam said that she would announce products at a public event on Sunday at the Central Plaza in Mexico City that would target Mexico. Sheenbam made this announcement after the US has imposed tariffs. The US has imposed 25 per cent duty on products imported from Mexico. Shinbam said, “There is no reason that supports this (America) verdict. This will affect our people and our countries. ”This announcement by Sheenbam indicates that Mexico is still hoping that perhaps the trade war started by US President Donald Trump may be ‘reduced’.
China tariffs many American products
China has announced an additional 10 to 15 percent of additional tariffs on several US products. This tariff will come into effect from March 10. These tariffs will apply to major American exports including chicken, wheat, maize and cotton. China’s decision came after US President Donald Trump’s order to increase duty on import of Chinese products to 20 per cent. The Chinese Finance Ministry said that the imports of chicken, wheat, maize and cotton grown in the US would cost 15 per cent tariffs. Tariffs on tide, soybean, pork, beef, seafood, fruits, vegetables and dairy products will be increased by 10 percent.
Canada also imposed counter tariffs
Canada said it would impose counter -tariffs on additional imports of $ 125 billion Canadian dollars from the US. It started with 25% tariff on imports of 30 billion Canadian dollars from Tuesday. Canadian Prime Minister Justin Trudeau has said that if Donalt Trump proceeds with his proposed tariff on Canadian items, our tariff will also be applicable. Trudeau added, “Our tariffs will remain in force until the US trade action is withdrawn and if the American tariffs are not finished, we are actively discussed with the provinces and regions to pursue many non-tariff measures.”
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