Hong Kong – both of them China and Canada She moved quickly on Tuesday to avenge the newly imposed tariffs, declaring their fee materials on American goods that may disrupt American trade with the best three commercial partners.
A 25 % American blanket tariff entered the goods imported from Canada and Mexico in effect after midnight on Tuesday, along with an additional 10 % tariff on goods from China. The three countries together constituted more than 40 % of the total US imports last year and are also the three best export markets.
Its government said that China will impose an additional tariff of up to 15 % on some American goods, while Canada has pledged to 25 % definitions. The country’s Ministry of Economy said it is expected that Mexican President Claudia Xinbom will announce its response to a press conference in Mexico on Tuesday morning.
The new Chinese drawings, which enter into force on March 10, include a 15 % tariff on chicken, wheat, corn and cotton, and a 10 % tariff on the delicate corn, soybeans, pork, beef, fruits, vegetables and water products.
“Increasing the international tariff by the United States hurts the multilateral trade system, increases the burden on American companies and consumers, and undermines the basis of Chinese economic, commercial and commercial cooperation,” said China’s tariff committee in China.
The US tariff adds to a previous tariff of 10 % Donald Trump It was imposed on Chinese goods from February 4. China also responded to this tariff with this tariff Her targeted fees From 10 % to 15 % on American products including coal, liquefied natural gas, raw oil, agricultural machines and large engine cars.
Canada had said earlier that it would impose a 25 % tariff on a Canadian $ 155 billion ($ 107 billion) in American goods if the US tariff entered into effect as specified.
The $ 20.7 billion definition commodities will get immediately, while the customs tariff will get $ 86.3 billion in the United States, in the United States, will start in 21 days, Canadian Prime Minister Justin Trudeau He said in a statement Late Monday. He said they would remain until the American trade procedure is withdrawn.
“Because of the US tariff imposed by the United States, the Americans will pay more against groceries, gas and cars, and may lose thousands of jobs,” Trudeau said. “Definitions will be disrupted incredibly a successful commercial relationship. It will violate the same trade agreement that was negotiated by President Trump in his last term.”
