Washington. The president of the United States, Donald Trump, still plans to fulfill his promise to impose 25 percent tariffs on Canada and Mexico from next Saturday, said White House spokeswoman, Karoline Leavitt yesterday. The official stressed that Trump also still considers new tariffs to China for Saturday, the Reuters agency reported.
The date of February 1 for Canada and Mexico still maintains
the official declared a question at a press conference, according to the version released by the White House.
Trump advanced last week that he would announce 25 percent tariffs to Mexico and Canada unless these countries help address the problems of fentanyl and immigration traffic. While the official acknowledged that in the field of combating the Fentanyl Traffic in Mexico A historical level of cooperation has been seen
he replied: “I will not get ahead of the president again when it comes to defending before foreign nations what they should or should not do to get away from these tariffs.
We have seen a historical level of cooperation by Mexico. But, again, so I’m still tracking, and that was last night when I talked directly to the president, February first is still standing
He said, according to the version released by the White House.
Riesgos for Me: Analysts
Economists doubt that Trump feels comfortable with imposing tariffs on imports from Mexico and Canada, considering that they would be self -inflicted wounds
.
The potential of such considerable economic impacts should act as deterrent enough so that Trump does not end up applying such high tariffs
explained Matthew Martin, senior economist in the United States at Oxford Economics consulting.
Multiple analysis shows that universal tariffs against Canada and Mexico entail the risk of more inflation and economic slowdown. About 30 percent of all imports from the United States come from Canada and Mexico, amplifying the risk that tariffs can feed inflation and undermine Trump’s campaign promises to control prices.
On Monday, the Economics Division of the Nationwide Insurance Company estimated that the tariffs proposed by Trump on their neighbors would increase inflation by up to 0.5 percentage points and reduce growth by 0.7 percentage points.
The analysis adds that We are not taking into account the possible retaliation tariffs applied by Canada or Mexico, which could amplify the detrimental impact on inflation and growth
.
For example, 60 percent of oil and gas imports come from Canada
Said Martin from Oxford Economics. A 25 percent tariff would lead to higher prices of gasoline, diesel and oil products for households and companies, especially in regions of the west medium and rock mountains, where refineries are connected to Canada by pipeline
.
The PWC accounting services firm considers that companies that import from Canada could have to pay 106 billion dollars more annually in import taxes and those that import from Mexico, 131 billion more.