On Saturday (1), Republican fulfilled the threat of imposing rates on the three main US business partners, which together represent more than 40% of imports in the country
The president said on Sunday (2) that Americans may feel the economic consequences of those imposed on other countries, but insisted that “the price will be worth” to protect the interests of.
“Will there be any pain? Yes, maybe (and maybe not!), ”Trump wrote in capital letters on his social Truth platform, a day after signing a decree that imposes mexico, Canada and China tariffs.” But we will make the United States big again , and it will be worth the price we should pay, ”he added.
On Saturday, President Donald Trump fulfilled the threat of imposing tariffs on the top three trading partners of the United States, which together represent more than 40% of imports in the country. He announced 25% rates on Canada and Mexico products and an additional 10% to those already in force on Chinese products.
Trump’s measure provoked immediate promises of reprisal from affected countries. At the same time, analysts warn that a trade war can slow down US growth and raise short -term consumer prices. On Friday, Dol The Wall Street Journal (right-trend) editorial board criticized Trump in an article with the title “The Usliest Trade War in history.”
Trump replied on Sunday: “The ‘tariff lobby’, led by the globalist and always misleading Wall Street Journal, is working hard to justify… decades of fraud against the United States, both in relation to commerce, crime and poisonous drugs.”
For the Republican President, the United States commercial deficit is a sign that other countries take advantage of Washington. ”These days are over!” He wrote at Truth Social. In another message, Trump again asked Canada to become a state from the United States, raising tension with one of his closest allies after announcing the imposition of tariffs.
United States pay “hundreds of billions of dollars to subsidize Canada,” Trump wrote in an apparent reference to the country’s commercial deficit with the neighboring nation. “Without massive subsidy, Canada ceases to exist as a viable country. Therefore, Canada should become our dear 51st state, ”he added. Trump stated that the measure would mean “much smaller taxes and much better military protection for the people of Canada – and without tariffs!”
United States Government official data show that the commercial deficit with Canada was $ 55 billion (320 billion) in 2024. The European Union regretted the US decision to impose new rates on Canada, Mexico and China and said he will answer “firmly” if the tariffs are applied to the block. “The EU is firmly convinced that low tariffs promote economic growth and stability, but will respond firmly if unfair tariffs are applied,” the European Commission warned.
Posted by Luisa Cardoso
*With information from AFP
