The White House confirms that Trump will impose 25% tariffs against Mexico and Canada as of this Saturday | International

by Andrea
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The president of the United States, Donald Trump, will start from this Saturday the 25% tariff Daily press of the White House. Leavitt has not given details about which products will be affected or how the measure will be applied, one of Trump’s main threats from the electoral campaign and threatens to unleash a commercial war with the main American neighbors.

The warnings of the last days of the US President, Donald Trump, to impose 25% tariff A drastic rise in prices in products of all kinds, from avocados to gasoline, through wood or vehicle components.

The same Thursday, in statements to journalists at the White House, Trump had insisted that he would impose tariffs this Saturday, as a measure to press the two neighboring countries to take harder measures to stop the flow of immigrants and Drug trafficking to the United States. The US president had also threatened 10% levies to Chinese products – who already drags Trump’s taxes in the commercial war with the Asian giant during his first mandate – for the role of that country in fentanyl traffic.

Until the last moment it was still clear what products would exactly affected. On Thursday, Trump needed that he would decide that same day if final For which the average American is guided to measure his satisfaction with the progress of the economy.

The US president has also pointed out that the tariffs imposed could increase

Both countries have pointed out that, in case Trump decided to move on, they would take their own measures to tax American products. A commercial war between North American countries would have consequences not only on the respective markets, but also in the rest of the continent and the world. The commercial exchange between the United States and Mexico in the first eleven months of 2024 was around 776,000 million dollars. Between the United States and Canada, the 700,000 million.

The US president had agitated the threat of tariffs against the partners since his electoral campaign, and had continued to promise taxes before his inauguration. Given the threat of increased products, US companies had developed contingency plans: in December, product imports increased drastically, according to data from the Department of Commerce, in an apparent attempt to accumulate stocks before the entry into force of the duty.

Consumers have also tried to get ahead of a price increase. Official data show an increase in products purchases such as television screens, of which Mexico is a great exporter.

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