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Trump to promulgate tariffs on Mexico, Canada and China from February 1, the White House says

Trump to promulgate tariffs on Mexico, Canada and China from February 1, the White House says

0:00

Higher tariffs in Canada, Mexico, could raise prices in the United States


Higher tariffs in Canada, Mexico, could raise prices in the United States

04:16

President Trump will promulgate 25% tariffs in imports from Mexico and Canada as of February 1, as well as a 10% rate on China imports, according to White House spokeswoman, Karoline Leavitt.

“The president will implement Tariffs of 25% tomorrow in Mexico, 25% tariff Americans, “Leavitt said in an informative session of the White House on Friday.

Mr. Trump has said that he is specifically directed to Canada and Mexico – The largest commercial partners in the country, along with China, with tariffs to force them to stop the flow of undocumented immigrants and illicit drugs in the US. UU. US importers, companies such as Walmart or Target, and typically transmit to US consumers .

When asked if Mr. Trump’s new tariffs about Mexico, Canada and China would include exemptions, Leavitt said he had no information about that problem.

The objectives of Mr. Trump include reducing the commercial surplus between those nations and the United States

The United States commercial deficit with Canada has increased from $ 31 billion in 2019 to $ 72 billion in 2023, which largely reflects the growing US imports of Canadian energy. During that same period, the gap with Mexico has grown from $ 106 billion in 2019 to $ 161 billion as the United States reduces imports from China and brings more electronic items, shoes and other products from the south of the border.

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