Trump: "From today the duties to Canada, Mexico and China start"

Canada, Mexico and China they cannot do “nothing” to avoid duties. This was stated by the President of the United States, Donald Trump. “We will impose duties on microchips, oil and gas,” he told journalists in the oval office, also including steel, adding, however, that some of these duties could come into force on February 18.

Trump, “will start 25 percent of duties on Mexico, 25% on Canada and 10% on China because they have made it possible to distribute the illegal Fentanyl in our country who killed tens of millions of Americans. “The spokesman for the White House, Karoline Leavitt, said, referring to the Opioid considered the cause of death of at least one hundred thousand Americans per year since 2021. To the questions of journalists if exemptions were foreseen, the spokesman said he “have no information on this”.

Trump also added that the United States will impose “absolutely” customs duties on European products.

Mark Carney, favored to become the next Canadian Prime Minister, said that His country “will oppose a bully” After Trump announced 25% duties on Canada. Carney, who spoke exclusively to the BBC, is the former governor of the Banca del Canada and the bank of England. In January he announced his race for the leadership of the liberal party to the government in Canada. He is currently one of the five candidates in the running to succeed Prime Minister Justin Trudeau and so far the widest support base among liberal parliamentarians has been secured. The leadership race will end on March 9th.

The winner will replace Trudeau, who announced his intention to resign in January after nine years of mandate, both as Prime Minister and as the party leader. Canada will therefore have to keep federal elections to elect a new government no later than 20 October, with the liberal party currently at a disadvantage compared to conservative rivals in the surveys. In response to the announcement of the duties, Carney told the BBC that “President Trump probably thinks that Canada will give in. But we will resist a bully, we will not back off. We are united and we will react”. The former governor of the Bank of England said that Rates “will damage the reputation of the United States all over the world. They will affect growth. Inflation will increase. Interest rates will increase, “he warned, remembering that it is the” second time “in less than a decade that the United States” have actually torn a commercial agreement with their closer commercial partner “. In 2020, towards the end The agreement between the United States, Mexico and Canada (UCMCA), in fact an update of the NAFTA, the agreement between the three countries in force since the 90s, came into force of the first term of Trump.