Shortly after the pause, Canada said that it would reach US $ 155 billion in US imports, with tariffs of 25 %
4 hours ago
- Mexico has agreed to deploy 10,000 soldiers to the border to prevent the flow of drugs and immigrants.
- Canada will also seek to strengthen the border with the United States and crack down on organizational crimes.
- The negotiations will continue within 30 days to avoid a comprehensive trade war.
In the 25 % tariffs announced by the US President Donald Trump, Mexico and Canada have received 30 days of criticism, just a few hours before the tariffs take effect. Mexican president agreed to strengthen the security after strengthening the security of the southern border, Mexico was the first to rest.
Given how many cars have been built in Mexico and then imported to the United States, for the automotive industry and consumers, any delay is gratifying news, otherwise these news will pay.
Trump revealed on Monday that he revealed that he had a “very friendly dialogue” with Mexican President Claudia SHEINBAUM, and tariffs were introduced shortly before. According to Trump, sheinbam “” agreed to immediately provide 10,000 Mexican soldiers on the boundary between Mexico and the United States. “He added that soldiers would be specifically specified to prevent the flow of fentanyl and illegal immigrants into our country. “
Reading: Trump’s tariffs may lose US $ 33 billion in the US automotive industry
Although the agreement was temporarily suspended for tariffs, negotiations were still conducting. Secretary of State Marco Rubio, Treasury Secretary Scott Bessent, and Worker Howard Lutnick continued to discuss with Mexico to determine whether it can reach a more permanent permanent permanent. Resolution.
Although it is not possible to ensure that Mexico will be able to completely avoid tariffs, this is an important step to alleviate the tension between the two countries. If you want to implement tariffs, retailers may have to pass the price to consumers. This may also include the automotive industry. Every year, Mexico dispatches more than 2.3 million cars to the United States, while several other car manufacturers build cars in the south of the border and sell them in the United States.
Some of the most popular vehicles on the American road were built in Mexico. There are car manufacturers with production facilities including GM, Ford, Honda, Toyota, Nissan, BMW and Volkswagen. This means models such as HR-V, Nissan Sentra, Chevrollet Blazer, Ford Maverick and BMW 3 Series cars can see the rise in prices, if tariffs are finally passed.
Canadian probation
Shortly after Trump’s confirmation of tariffs on Mexico, Canadian Prime Minister Justin Trudeau revealed that he “had a good phone call with Trump” and agreed to delay tariffs. He said that the country will strengthen its border through “new chopper, technical and personnel”, hoping to stop the flow of fentanyl.
He also mentioned the plan to appoint the so -called “Fentnis”, classify Carter as a terrorist organization, and establish a joint strike force with the United States to settle in organizational crimes, Fentny distribution and money laundering.
It does not seem to make any new commitments to protect its boundary with the United States. As CNBC pointed out, all the steps pointed out by Trudeau were already part of the Canadian border plan, which was released about six weeks ago.
More: Canada, 25 % of American cars, electric vehicles and more tariff strikes
At the same time, Canada was not idle. In order to cope with Trump’s tariff threat, the country has launched a two -stage anti -election plan for various American products, including 25 % of each American vehicle. If these measures come into effect, they may seriously crack down on automobile manufacturers and further exacerbate the tension between the two countries.
I just had a good phone call with President Trump. Canada is implementing our $ 1.3 billion border plan-strengthened the border with new cutters, technology and personnel, coordinated and enhanced with our American partners, and increased resources to prevent the flow of fentanyl. almost…
-Justin Trudeau (@Justintrudeau) February 3, 2025
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