Palm Beach, Fla. – Palm Beach, Fla (AP) – President Donald Trump said Sunday that Americans could feel “pain” from In the continuation of the trade war Launched by his Tariffs against Canada, Mexico and ChinaAnd they claimed that Canada “stopped there” would “stop” without their trade surplus with the United States.
Trumping penalties signed on Saturday at his Resort on Florida, he caused a combination of panic, rage and uncertainty and threatening that the decades-old partnership at the store in North America will burst, and further superior relations with China. But following the campaign advocacy, Trump perhaps at the same time violated their promise to voters in last year’s elections that his administration He could quickly reduce inflation.
“Will there be some pain? Yes, maybe (and maybe not!),” Trump told the media to social media. “But we will do America again great, and everything will be worth the price that must be paid.”
His administration did not say how big the price could be or which improvements should be seen in stopping illegal immigration and smuggling of Fentanila to deserve the removal of tariffs that are Trump imposed Legal justification of economic emergency assistance. Tariffs are set to start on Tuesday.
In his survey, the social post, Trump has taken a special goal in Canada, who replied with retalia measures. Trump places 25% of the tariff on Canadian goods, with 10% tax on oil, natural gas and electricity. Canada imposes 25% of tariffs on more than $ 155 billion on American products, including alcohol and fruit.
Trump has spread against a Canada’s trade surplus with the United States: “We don’t need anything. We have unlimited energy, we should make our own cars and have more pronounced than we can ever use.”
Despite Trump’s claim that the United States does not need Canada, One quarter of the oil That American is spending a day is from his ally in the north.
Trump claimed that without that excess “Canada ceased to exist as a sustainable country. Sharp, but true! Therefore, Canada should become our divided 51st.”
Canadian Ambassador to Washington said that the US had $ 75 billion Trade deficit Along with Canada last year, but it noted that one third of what Canada sells in the US is energy exports and that there is a deficit when oil prices are high. About 60% of American imports of crude oil is from Canada.
Canadian Prime Minister Justin Trudea is encouraging Canadians to buy more Canadian goods, and says Trump moves will only cause pain in North America. More than 75% of Canada exports go to the USA
“It will have realistic consequences for people, for workers on both sides of our border,” Trudeau said on Saturday night. “We don’t want to be here. We didn’t ask for this, but we will not request standing for Canadians and for an incredible successful relationship between Canada and the United States.”
President Mexico, Claudia Sheinbaum, also announced new tariffs and suggested that the United States need to do more within their own limits to resolve drug addiction.
The Chinese government said the steps to defend their economic interests and intends to file a lawsuit with the World Trade Organization.
For Trump, the question is an open question of whether inflation could be a political pressure point that would list it back. As a candidate, Trump hit Democrats several times due to inflation under President Joe Biden, resulting in the issue of supply during the Coronavirus Pandemic, his own consumption of Biden and Russia in Ukraine.
Trump said that they were the previous four years, because the president had low inflation, so the public should expect the same if he returns to the White House. But he also said that now will be higher inflation as a nation, as a nation, a position from which now seems to withdraw with tariffs.
“Inflation is a disaster,” he said at the Philadelphia rally. “It’s a Buster of the Earth. It’s the total country fair.”
External analyzes clearly show that the Trump tariffs would harm the voters that he intended to help, which means that ultimately he could find a resolution.
Analysis of the Budget Laboratories on Yale, if the tariffs should continue, the average US household would lose approximately $ 1,245 this year, in which total equivalent of more than 1.4 trillion taxes in the next 10 years.
Goldman Sachs, in the Sunday analyst, emphasized that tariffs take effect on Tuesday, which means that they are likely to continue “although it cannot be completely excluded”, although it is completely excluded. ”
The Investment Bank concluded that due to possible economic damage and possible conditions for removal to “think that the tariffs will be temporary, but the prospects are unclear.”
___
The associated printing writer Rob Gillies in Toronto contributed to this report.
2025-02-02 16:14:00
