Apparently, it will be true: after April 1, imported European products for the US will be taxed at 25%. The announcement was made this Wednesday by the president of the United States, Donald Trump.
Donald Trump announced this Wednesday that, very soon, European products will be subject to Customs of 25%.
“We made the decision and announce it soon: it will be 25%,” said the US President at the end of his first meeting of his government at the White House.
Trump detailed that Same percentage of tariffs will be applied to products from Canada and Mexico, from April 2.
At the beginning of the month, Trump had temporarily suspended tariffs to imports of Canada and Mexico.
After decreing Canada and Mexico, Trump eventually reached with the two US neighboring countries, which allowed suspend the new rates For at least one month.
The Prime Minister of Canada, Justin TrudeauHe agreed with Trump to name a “tsar” of Fentanil, and to create a joint border force between the US and Canada. Trudeau announced a investment of $ 1.3 billion In helicopters and technology to protect the “parallel 49”, the dividing line between the two countries.
As for Mexico, the premise was simple: Trump suspended tariffs and the president, Claudia Sheinbaumregulated the entry of drugs in the US, brought by Mexican cartels to the border. Mexico was sending 10,000 military personnel to the border to regulate this crime
First, the Mexican president had promised to retaliate with new US tariffs, but played for insurance and tried.
While Trump turned back on Mexico’s issue announced that he was studying one.
In the case of Canada and Mexico, Trump used commercial tariffs to claim victories on safety issues related to the fight against drugs and illegal immigration, two of his flags in the start of this second term.
In the case of the EU, The Question of Security It can also be important, notably in the Arctic. In this context, it can be a “deco” to boost a Increased spending in defense In this area, or to encourage commercial advantages for the US.
Trump wants to make the EU pay
Donald Trump has been repeating that the European Union (EU) “has to pay” From what it has created over the last few years to the US. The solution to the US President is to “load” in tariffs-especially in the automotive sector.
“The European Union is very, very bad for us. They do not accept our cars or our agricultural products. In fact, they don’t accept much. Therefore, they will have to pay fees. It’s the only way to get justice, ”said Trump in January.
This Wednesday, the US President repeated the idea, adding that the “UE was created to plot the United States”.
“They [UE] They do not accept our cars. They do not essentially accept our agricultural products. They use all kinds of reasons to justify this. And we accept all of them. We have a deficit of about $ 300 billion With the EU, ”he complained.
Asked what will happen if the EU retaliates, as the European Commission chairman, Ursula von der Leyen, has promised, Trump replied:
Donald Trump said later that the European Union may try to retaliate but will lose again: “They may try. But the numbers will never be equivalent to ours. We are the pot of gold that everyone wants ”.
