The European Commission rejected US tariffs to Canada, China and Mexico and warned: they cause inflation

The European Commission rejected US tariffs to Canada, China and Mexico and warned: they cause inflation

February 2, 2025 – 21:55

A spokesman for the agency emphasized the discontent of the EU with the tariffs that Donald Trump imposed and said that “they create unnecessary economic disorders.”

The president of the United States, Donald Trumpannounced that 25% tariffs were already in force to Mexico and Canada and 10% to Chinaalthough from the European Commission They warned the Republican president that this measure will be counterproductive and will cause inflation.

A spokesman of the agency remarked, in dialogue with the French media Euronews, the position of the commission regarding Trump’s measure: “The European Union regrets the decision of The United States to impose tariffs on Canada, Mexico and China, “he said.

In turn, he warned the incoming American administration that this measure can generate opposite effects to those sought. “Tariffs believe unnecessary economic disorders and cause inflation. They are harmful to all parties. The European Union will respond firmly to any commercial partner who imposes unfair tariffs or arbitrarily to the products of the European Union. “

The measure, which in principle will only reach Mexico, Canada and China, could generate a strong impact on trade worldwide as it could make the products consumed by Americans more. At the moment, Trump did not confirm whether will apply levies to oil that Mexico and Canada export to the United States.

According to data from the Energy Information Administration (EIA), the United States imported in October 2024 Almost 4.6 million barrels of daily oil from Canada and 563,000 barrels from Mexicowhile its daily oil production was approximately 13.5 million barrels.

Donald Trump imposes tariffs on imports from China, Mexico and Canada

Trump, ratified that new products to products from Mexico, Canada and China entered into force this Saturday.

The announcement was formalized on Friday by Karoline Leavitt, spokesman for the White House, who explained: “The president will impose 25% of tariffs on Mexico and Canada, and 10% to China for the illegal fentanyl they produce and allow Distribute in our country, and by migrants that enter illegally in the United States. “

Trump justified the decision by pointing out that for him the immigration situation is worrying: “People It arrives in our country so horrible and in so much quantity” He also stressed that the Fentanyl income and other illegal substances to the United States represents another of the key reasons for the implementation of tariffs.

Source: Ambito

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