Tariffs to Mexico and Canada for aluminum and steel will be 50%, says the White House

The tariffs that Mexico and Canada must pay to export aluminum and steel to the United States will be 50 % Because at 25 % tax announced this week by the president, Donald Trump, Other existing rates on Canadian and Mexican goods will be added, As a White House official informed Efe.

In this way, Mexico and Canada will face higher rates than other export countries of aluminum and steel to the US, who will only be subject to the 25% tax announced by Trump this week.

However, Canadian finance minister Dominic Leblanc said in Washington that is “animated” with conversations who is maintaining to avoid the tariffs of the US president, Donald Trump, to Canada imports.

Leblanc told the media that this Wednesday will meet with US Secretary of Commerce, Howard Lutnick, and the director of the National Economic Council of the White House, Kevin Hasset.

Canadian finance minister explained that he considers the two meetings as something “very positive.”

“We are convinced that we can make much more economically and in terms of security together than if we spend time discussing who imposes tariffs who,” he added.

In addition to Leblanc, this Wednesday, the 13 heads of provincial governments of Canada will hold meetings in Washington with legislators and senior officials of the Trump administration also to try to convince the White House Qthat does not apply 25 % tariffs to Canada imports.

It is the first time in history that the 13 Regional Canadian leaders meet at the same time in the capital of the United States to commonly defend Canada’s interests.

In an encounter with the media this Wednesday, before starting their meetings, the provincial heads declared that They believe that Canadian diplomatic efforts are starting to workRy who are gathering “much support” of legislators and business leaders of the United States to avoid taxes.

After imposing tariffs on Canada and Mexico, Trump suspended his application for 30 days, so the encumbrances would take effect on March 4.

Canada has warned that tariffs will cause a recession in the country in addition to the destruction of hundreds of thousands of jobs on both sides of the border.

By Editor

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