From Saturday, the United States wants to increase rates from Mexico, Canada and China. On goods from Canada and Mexico, an inch of 25 percent must be increased, a ten percent customs on goods from China, said the Witte House spokeswoman, Karoline Leavitt, on Friday.
However, the spokeswoman did not want to say whether there would be exceptions to certain import products. With the rates, Mexico and Canada are intended to move measures to stop illegal immigrants and deliveries of the synthetic drug fentanyl across their borders to the US.
Many question marks in rates on EU goods
US President Donald Trump has not yet committed himself to a schedule for the introduction of possible rates for European Union products, Leavitt added. She did not want to say whether the customs tasks could be the same or different for all EU countries.
However, a procedure must be engaged to request specific exceptions for certain imports. An US government agent said that Trump will check customs plans on Friday that can allow some exceptions. However, exceptions would only be possible in a few cases. Leavitt described the report as wrong. She added that the rates would be released on Saturday and would immediately enter into force.
Canada Prime Minister threatens countermeasures
Canadian Prime Minister Justin Trudeau threatened countermeasures. “We are working hard to prevent these rates, but when the United States is progressing, Canada is ready with an energetic and immediate response,” Trudeau wrote on the Platform X. “No one – no one on both sides of the border – wants to go to American rates Seeing in Canadian.
The Prime Minister of Canada responded to X to the announcement:
Customs is a kind of surcharge for imported goods. They are on the border. Trump had already set up rates during his first term from 2017 to 2021. Economists assume that far -reaching rates will lead to an increase in prices in the US.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
