The Mexican President commands revenge tariffs for us – Irvine Times

G -n posts on social media that tariffs are needed to “protect Americans”, pressing the three countries to do more to limit the production and export of illegal fentanyl and Canada and Mexico to reduce illegal US immigration.

The action fulfilled one of the engagements of G -N Trump to the voters, but threw the global economy and the political mandate of the new president to reduce prices into turmoil.

Canadian Prime Minister Justin Trudeau said on Saturday that Canadian duties for $ 30 billion (£ 24 billion) worth the American alcohol and fruit trade will come into force on Tuesday when US tariffs come into force.

He opened his address to the Canadians with a message aimed at US users.

“This will have real consequences for you, the American people,” he said, saying that this would lead to higher grocery prices and other goods.

Mr. Trudeau directed the views of many Canadians who felt betrayed by his neighbor and longtime ally, reminding the Americans that the Canadian troops were fighting with them in Afghanistan.

“The actions taken today by the White House have separated us instead of uniting us,” said G -N Trudeau, warning in French that this could lead to “dark times” for many people.

Mexican President Claudia Shainbaum has said she has instructed her economy secretary to implement an answer that includes vindictive tariffs and other measures to protect Mexico’s interests.

“We categorically reject the White House slander that the Mexican government has alliances with criminal organizations, as well as every intention to interfere in our territory,” writes G -Shainbaum in a publication of X.

“If the United States government and its agencies wanted to cope with the serious consumption of fentanyl in their country, they could fight the sale of drugs on the streets of their big cities, which they do not make money laundering that this one Illegal activity generates, which has caused so much harm to its population. “

G -N Trump’s order includes a tariff escalation mechanism if the countries revenge against the United States.

Tariffs risk economic opposition to the two largest trading partners in America Mexico and Canada, increasing for decades of trade relations with the possibility of severe repression from these two countries.

Tariffs could lead to significantly impaired inflation, probably eroding voter confidence that G -N Trump can make his promise to reduce food, gas, housing, vehicles and other goods.

Trump has announced an economic emergency in order to fulfill 10% of the full imports of China and 25% on imports from Mexico and Canada.

The energy imported from Canada, including oil, natural gas and electricity, will be taxed by 10%.

Tariffs will come into force on Tuesday, putting a reflection in North America, which can potentially sabotage economic growth.

A new analysis of the Yale budget laboratory has stated the possible damage to the US economy, saying that the average household in the United States would lose the equivalent of $ 1170 (943 British pounds) tax revenue.

Canadian Prime Minister British Colombia David Eby has called on people to stop buying alcohol from US “red” states and remove US brands of alcohol from government store shelves in response to tariffs.

The television message considers the decision of the Trump administration as a “declaration of economic war against a reliable ally and friend” and that it will uphold its citizens and all Canadians as a whole.

“In force today, I directed BC Liquor sales to stop buying American alcohol from Red States immediately,” he said.

“Alcohol store employees will remove the most popular from these brands from the shelves of government stores.”

A senior employee of the US administration, insisting on an anonymity to briefly reporters, said that the lower energy rate reflects the desire to minimize any destructive increase in the price of gas or utilities.

This is a sign that White House employees understand the gambling they take on inflation. Former President Joe Biden’s price spikes have led to voter powerlessness, which helped to return to the White House.

The order, signed by G -N Trump, did not contain a mechanism for providing exceptions, said the official employee, a possible stroke for housing builders who rely on Canadian timber, as well as farmers, car manufacturers and other industries.

The order will also allow Canadian import tariffs below less than $ 800 (£ 645).

Imports below this amount is currently able to move to the United States without customs and obligations.