President Donald Trump has gone ahead with a plan to impose tariffs on all goods coming from Canada and Mexico to the United States, threatening trade war with his close trade partners – and a prices for Americans on thousands of consumer goods.
US Tuesday morning at 12:01 pm Mexico and Canada will start collecting 25% tariff on almost all goods, according to a public notice, according to a public notice. Rules Posted on Monday. Canadian ENERGY ZOS products will be charged at a 10%lower rate.
Businesses from automakers to alcohol manufacturers have warned that the additional costs for companies to import goods from Canada and Mexico will have a widespread impact on American. Economy. While some companies will make their goods a source from other countries or produce production in the US. When moving, it may take years to move.
In the meantime, companies have said that they have to pay tariffs and then choose from two options: either to pass additional costs to customers in the form of high prices, or absorb the fee and spend elsewhere. Low profit.
On Monday, Trump added an additional 10% tariff on all imports from China on top of 10% tariff placed on Chinese goods last month, including products such as electronics, footwear, drugs and cosmetics. It is in addition to the tariff already placed during the first term at the Tariff Trump office.
Trump said they were putting tariffs in place, forcing countries to prevent undocumented immigrants and fantanil from entering US By their borders. More than 107,000 people According to the Drug Enforcement Administration, the drug overdose died in 2023, About 70% of those deaths from iO pioids, including Fantanil. Almost all 21,900 £ 21,900 of the captured in 2024 were on the south border, according to customs and border protection data, only £ 43 fantanil was seized on the northern border.
The beginning of the backward revenge
This step is the risk of a tight-for-tate trade war with Mexico, Canada and China, which will sell US businesses in those countries and adopt one of their first-term signature deals: USMC trade agreement between the US, Mexico and Canada.
The contract, which Trump, who at that time worked as a negotiation victory, allowed the previous North American Free Trade Agreement or how the NAFT had been for decades, allowing the products between the three countries to move the products between tariff free. Under the terms of the deal, the agreement was not considered for reconsideration until July 2026, but the entire contract could be jeopardized by Trump to impose new tariffs.
Mexican President Claudia Shenb UM commented on Tuesday that his country would respond by Sunday. At a news conference, he said the action would include “tariffs and nontarif measures”. Shenb UM May also said that Mexico had already taken action during the past month to break the drug gang and traffic flow.
155 billion Canadian Dollars Lir ($ 107 billion) will proceed with a previous plan to impose 25% tariffs on American goods if Canada is implemented as a US tariff. Tariffs of $ 20.7 billion worth of goods, including orange juice, peanut butter, wine and coffee, will be implemented immediately, while the remaining. Said in a statement Monday late. He said that the U.S. They will remain until the trade proceedings are withdrawn.
Trudeau said, the U.S. Americans will pay more for groceries, gas and cars due to the tariff imposed by them and lose thousands of potential jobs. “Tariff will disrupt a successful business relationship. He will violate the highly trade agreement negotiated by President Trump in his last tenure. “
China said it was the US on March 10. Additional tariffs on the goods, they include 15% tariffs on chicken, wheat, corn and cotton, and 10% tariffs on sorghum, soybean, pork, meat, meat, vegetables and dairy and fish products. China said the US tariff weakens cooperation between the world’s two largest economies, and they harm American businesses and consumers as well as international trade.
China’s Foreign Ministry spokesman Lin Jian said in a regular briefing in Beijing on Tuesday that the Chinese have never forced or intimidated that we were not victims of bullying and hedgeemic tactics.
Trump had previously threatened to put 25% tariff on Canada and Mexico goods. He was delaying the tariff for a month on February 1, after which leaders from both countries said they would increase security on their borders. On Monday, Trump told reporters that there is no place for Mexico or Canada to negotiate new import duties.
Political spectrum economists have warned that tariffs paid by a US company importing goods, consumers, electronics, production and lattices will increase what they pay for various goods. Stock About 2% Monday, the worst day after December.
“American people are counting President Trump to reduce spending and increase the US economy. Tariffs on Canada and Mexico put those goals in critical crisis and jeopardized the North American economy, “Retail Industry Leaders Association’s senior executive vice president of the Association, Michael Hains, said in a statement on Monday. “Stacking tariffs on household goods will also increase the cost of American families, of which millions of people are struggling with the worst of inflation in forty years.”
Specific fields where tariffs will experience the most
Auto Tomakers are included in industries that experience the most impact from tariffs, since Vehicles and their components during the production process, Canada, U.S. And crosses several times between Mexico. Ford CEO Jim Farley warned last month that the threat of tariffs was causing anarchy in the auto industry and could have devastating consequences for American automakers.
“Let’s be a 25% tariff in the real honest, long -term, Mexico and Canadian border, a hole in the US industry that we have never seen,” Furle said at an investor conference last month.
The Anderson Economic Group reports that tariffs can add up to 12,000 in the price of a new car. The industry organization, which represents the American Automotive Policy Council, GM, Ford and Stalontis, said they believe that their vehicles and parts should be exempted from tariffs during Trump’s first -term trade deals during the previous negotiation trading deal.
“Our American Auto Tomakers, who invested billions in the US to meet these requirements, should not reduce their competitiveness by tariffs, which will increase the cost of making vehicles in the United States in American Workforce, while our competitors outside North America benefited from our home market.”
US The aluminum producing in aluminum production and jobs in February said in February that there are two thirds of primary aluminum that used it from Canada every year and about 90% of scrap metal from Canada or Mexico. It added that a US-based odor, even at full capacity, “cannot produce almost enough metal to meet demand.”
Tariffs can also contribute to grocery prices because Mexico tomatoes, avocado, berries and pepper are the U.S. There are top suppliers. Food prices have been a top concern for consumers and voters, the grocery price has increased by 25% in the last four years. – Trump promised an issue to cope with the campaign.
Tariffs can also rise in prices of beer and alcohol imported from Mexico and Canada, and the US sold in those countries. Damages the sale of souls. The distilled Spirits Council estimates that 25% tariffs on imports of distilled spirits from Mexico and Canada, over 31,000 U.S. Jobs can be damaged. According to the Association, in 2024, the US imported $ 5.2 billion from Mexico to Mexico and $ Million Million Million Million, as well as according to the Association.
The group said in a statement that the tariffs on the souls of Canada and Mexico will endanger the industry’s contribution to the US economy. “The North American Spirits sector is very interconnected and, as a result, tariffs on tequila and Canadian whiskey will harm us with soul companies with these products in their brand portfolio.”
Trump has indicated that the front tariff will remain on the way. He repeated on Monday that the earlier “reciprocal” tariff will be April 2, and without further details, tariffs on “external production” from the agricultural industry would also be imposed on that day.
Last month, Trump imposed a 25% tariff on all steel and aluminum imports in the United States from all countries, and, without exception or exception, increased its 2018 aluminum tariffs by 10% to 25%.
Trump has repeatedly quoted tariffs as a tool that can be used to raise revenue to pay for other domestic cost priority and companies to the US. As a pressure step to transfer in
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