Ottawa/Washington20 minutes ago
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Trudeau announced to put a tariff in a press conference on Saturday.
The US conflict with neighbors has started after Donald Trump’s decision to impose 25% tariffs on Canada and Mexico. Canadian Prime Minister Justin Trudeau also announced a 25% tariff on US imports of $ 155 billion.
Trudeau reported on Saturday that new tariffs will be implemented on the import of US $ 30 billion liquor and fruit from Tuesday, while tariffs will be implemented later on imports of $ 125. American tariffs on imports from Canada have also been implemented since Tuesday.
Earlier, Donald Trump imposed 25% tariff on Canada and Mexico from 1 February and 10% on China. Trump said that our threats are not just for bargaining. We have a major trading deficit with these three countries.
According to Trump, his decision will bring a lot of money in America.
Mexico also announced retaliation
Mexico President Claudia Shinbam said that he has instructed his economy minister to implement counter -duty and other measures. He dismissed Trump’s allegations of being associated with criminal organizations on Mexico and said-
The solution of problems is not done by applying tariffs, but with cooperation.
Shinbam said that Mexico does not want conflict. We start with cooperation.
Earlier on Friday, White House spokesman Caroline Leevit said that Donald Trump will impose 25% tariffs on imports from Canada and Mexico from Saturday and 10% tariffs on Chinese goods, as illegal fencing drugs are reaching our country from these countries, causing millions to millions. American is killed.
Shinbam dismissed this allegation of the White House and said-
If the US government wants to stop the consumption of Phantenile, it should take action against the sale and money laundering of drugs on its streets.
US Free Trade Agreement with Canada and Mexico
Significantly, America has a free trade agreement with Canada and Mexico. Under this, there is no tariff (duty) on any kind of import-export between these countries. Trump performed North America Free Trade Agreement (NAFTA) with Mexico and Canada in his previous term.
In 2023, these three countries bought goods worth more than $ 1 trillion (about 85 lakh crore rupees) from the US in 2023. At the same time, it was sold for more than $ 1.5 trillion. According to the report, Trump’s tariff war will have the biggest impact on auto sector, agriculture, technology, parts and parts. The price of these things will increase after the tariff is imposed.
