Donald Trump reversed with the new increase to tariffs on steel and Canada aluminum

Donald Trump reversed with the new increase to tariffs on steel and Canada aluminum

It was confirmed by the United States Presidential Advisor Peter Navarro.

Finally, The United States turned back on Tuesday with its announcement to duplicate from 25% to 50% steel tariffs and Canada aluminum. It was confirmed by the presidential commercial advisor Peter Navarro, hours after Donald Trump announced that he had already ordered him to carry it out.

US President himself He had reported on his social truth platform that he had instructed his secretary of Commerce to double the tariffs with Canada, “one of the nations with the highest tariffs anywhere in the world.”

The round trip of the measure added another chapter to the commercial war between the two countries that keeps international markets in suspense. On Tuesday Trump posted on his social networks that “the only thing that makes sense is that Canada becomes our beloved fifty -first state.” If they do “it would make all tariffs disappear completely,” he said.

The announcement that Donald Trump had made

The morning announcement had been made after the Canadian province of Ontario determined to tax 25% to the electricity that sends to the United States. “My government will maintain our tariffs until Americans show us respect and assume credible and reliable commitments with free and fair trade,” said Canadian Prime Minister incoming Mark Carney in a statement.

After this measure Trump He wrote: “AlsoCanada must immediately withdraw its 250% anti -American farmer tariff to several US dairy products, that for a long time has been considered outrageous. I will declare a national electricity emergency within the threatened area. “

It is not clear how the commercial war between the two countries that has a free trade agreement will continue together with Mexico. After the reverse by the Government of Donald Trump, it will be to be seen if Canada decides to do the same with the electricity that he sends to the United States.

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts