US President Donald Trump announced on Monday that he will impose tariffs on imports of agricultural products As of April 2, in what is his last threat on commercial barriers to the goods that other countries sell in the United States.
“To the great farmers of the United States: prepare to start producing much more agricultural product to sell within the United States. Tariffs will be applied to external products on April 2. Have fun!”, The president wrote in a message on his social network, Truth Social.
Trump did not detail what products will be affected or if there will be exceptions.
The president has several times the tariffs as “the most beautiful word in the dictionary” and has used them as a negotiation tool both in his first mandate (2017-2021) and in the current one, to obtain concessions in commerce, migration and security.
From his return to the White House on January 20, Trump has announced tariffs against several countries, although so far only one has applied: February 4 imposed a 10 % tax on Chinese imports.
This Tuesday plans to apply another tariff of another additional 10 % to Chinese products.
Besides, Trump could impose 25 % tariffs on imports from Mexico and Canada although he has not yet made a final decision, as he declared Monday in an interview with CNN, the secretary of Commerce, Howard Lutnick.
The president has also announced new 25 % tariffs on steel and aluminum, whose entry into force is scheduled for March 12.
Finally, in February Trump announced The imposition of “reciprocal tariffs” To countries that take American products or apply what Washington considers as some type of barrier, with the aim of equalizing the rates that these nations apply to the exports of the United States and with European Union (EU) among the main affected.
There is still no date for the entry into force of these tariffs, since the first step will be the preparation of a report that analyzes the rates and measures applied by each country. This document will be delivered to the President, who will make the final decision.
Canadian warning
In the midst of uncertainty about the possible entry into force on Tuesday of American tariffs 25 % to Canadian products Canadian political leaders warned on Monday that they are prepared to retaliate against the USA.
The Head of Government of the Province of Ontario, the industrial heart of Canada and where the country’s automobile sector is concentrated, Doug Ford, said Monday that the country has to answer with equivalent reprisals“dollar per dollar”to those imposed by the US president, Donald Trump.
Ford added that if the US imposes on Tuesday the announced tariffs, LCBO, the provincial company that is one of the largest individual buyers of alcohol in the world with the acquisition every year of about 1,000 million dollars in drinkswill stop selling American products.
The measure will especially affect the state of Kentucky, the main producer of Bourbon. Ford also wants to retaliate against one of Trump’s main advisors, businessman Elon Musk.
“Let’s immediately cancel Starlink, by Elon Musk. It is not that 100 million dollars are much for him, but it is the beginning. And I have ordered that the acquisition of about 30,000 million dollars in products avoid USA and ensure that we buy on the rest of the country, “Ford added.
Meanwhile, the Canadian government is waiting for the final decision on the encumbrances.
Chatgpt prompt & Character creator profile – Essaybox
LiteratureReviewWritingService.com | Free Chat with AI Bot
Chat with DNPCapstoneProject.com – Enjoy Free AI Character Roleplay | FlowGPT | DNPCapstoneProject.com RP