Trump’s extensive tariffs on Mexico, Canada and China

President Donald Trump’s imports of President Donald Trump have levied extensive new tariffs on imports from Mexico, Canada and China, upgraded the tension with major trading partners, and triggered immediately retaliatory. The tariff is designed to curb the flow of drugs and illegal immigrants, but it is expected to increase consumer prices in various products from cars to avocado.

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According to administrative lawsuits, the United States will impose 25 % tariffs on all imports of most of the products in Mexico and Canada, while Chinese imported goods will face 10 % of taxation. It is worth noting that Canadian energy products will be reduced by 10 % of tariffs to reduce the interference of fuel, power and natural gas supply. This also eliminates the De Minimis exemption, which allows imports of $ 800 for no tax. This change will greatly affect small enterprises and e -commerce giants, such as Shein and TEMU.

Revenge and global impact now

After the news was announced, Mexico, Canada and China opposed it. Mexican President Claudia SHEINBAUM vowed to implement revenge tariffs, while Canadian Prime Minister Justin Trudeau (including alcohol, agricultural products and manufacturing products worth $ 155 billion (including alcohol, agricultural products and manufacturing products ) It was announced that 25 % of anti -propaganda was announced. At the same time, the Ministry of Commerce of China announced that it plans to challenge US operations and implement its own countermeasures in the World Trade Organization.

The tariff marks the major reversal of the free trade agreement. The agreement has managed North America’s business for many years, and further exacerbated long -term trade disputes between the United States and China. Analysts warn that these tariffs may undermine global supply chains, increase the pressure of inflation, and affect millions of work relying on cross -border trade industries.

Business and economy

The leaders and industry leaders of the United States condemned the move to warn the cost of warning, the supply chain interrupted and the potential unemployment. The U.S. Chamber of Commerce, National Manufacturers Association and leading consumers advocate organizations that tariffs will eventually increase the prices of American consumers while failing to solve concerns about border security and drug trafficking.

Automotive manufacturers, energy companies and agricultural manufacturers (dependence on cross -border trade) are particularly vulnerable to damage. Canada and Mexico jointly provided nearly 40 % of American car imports, and Mexico alone exported $ 87 billion in vehicles and $ 64 billion in parts in 2023. Now, as retaliated tariffs are now playing a role, higher production costs can be quickly converted into consumers’ prices. Essence

High -risk gambling

Trump relied on tariffs as the cornerstone of its economic and border security strategy has always been a consistent theme of his political career. However, economists agree to a large extent that tariffs are taxes to domestic consumers rather than foreign governments, thereby exacerbating inflation and stifling economic growth.

Because tariffs are scheduled to take effect at 12:01 am on Tuesday, enterprises and consumers are preparing for the new wave of economic uncertainty-one may redefine the US trade policy in the next few years.