- Trump’s new tariffs on Canada, Mexico and China will take effect on February 1.
- Canada and Mexico face 25 % tariffs, while China only obtains 10 % of tariffs.
- Neighbors in the United States promised to retaliate, and Tesla could find himself on the cross line.
“Trump Tax” is here because the White House announced a 25 % tariff on Canadian and Mexico goods and services, and imposed 10 % tariffs on Chinese items. There are very few details and far apart, but the tariff will take effect on February 1.
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The White House press secretary Karoline Leavitt suggested that we will learn about the influence within about 24 hours, and the lack of information has caused Wall Street to panic. The average level of Dow Jones fell by 337 points because the news triggered selling.
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The Treasury Department of Canada said: “Their government’s position is preparing to respond rapidly to any trade behavior adopted by the United States.” The Canadian government also promised to help companies and employees affected by tariffs.
Freland in Canada proposed Tesla’s 100 % tariffs
We may soon understand more information about Canada’s response, but the members of the house and candidate Chrystia Freeland recently told the Canadian media that Teslas and American wines should have 100 % tariffs, beer and beer and beer and beer and beer and beer. Bienn wine. She hopes that “targeted” tariffs will hurt those who support President Trump. This is not a delicate hint, so that Elon Musk draws a big goal on his back.
Mexico said that they are the main exporters of “cars, computers, television and refrigerators, so the collection of tariffs will affect millions of American families, especially in California, Texas, Florida and Arizona.”
Mexican President Claudia Sheinbaum Pardo sounded revenge because she said: “We are ready A, Plan B (and) Plan C.” She added: “It is very important that the Mexican people know that we will always defend the dignity of our people, and we will always defend our respect for our sovereignty and dialogue, because they are equal … without subordinates.”
Mexico Economic Minister of Economic Minister Marcelo Ebrard Casaubon added that Americans will be harmed because the price will rise by up to 25 %. He also pointed out that “less available products” and supply chain issues.
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