- Trump signed an executive order to implement the definitions of Mexico, Canada and China.
- He threatened definitions on the three countries and others for several months.
- Here is the place where its commercial proposals stand, and how it can affect consumers.
President Donald Trump’s tariff was prepared on the goods from China, Canada and Mexico on Saturday, according to the White House.
The Trump administration said it imposed a 25 % tariff on Canada and Mexico and a 10 % tariff in China.
Economists expect that many companies will pass the increasing costs caused by customs tariffs on customers, and many companies have already said they are preparing to raise prices in response. Electronics, and a scaffold and clothes are among the most likely products to know the price increase.
The White House said the definitions will make the Trump campaign promises. Regarding his first tour of the customs tariff, the Business Insider official told “Trump was clear about his desire to end the Fantanel crisis, and it is time for Mexico and Canada to join the battle as well.” Trump said that the customs tariff for China will also help fight the problem of fentanel.
Here are all the countries that Trump has targeted with his commercial proposals so far.
China
China was the main axis of definitions on the campaign path. During his campaign, Trump suggested a 60 % tariff on all goods imported from China, along with a tariff from 10 % to 20 % on imports from other countries.
Once Trump takes office, his ideas about the customs tariffs on China seem narrow. On January 21, a 10 % tariff was suggested to imports from China to the United States, which begins on February 1 “based on the fact that they send fentanel to Mexico and Canada.”
The Trump administration was killed by the Vintanel crisis on Saturday as the motive behind the new definitions.
China is a major electronics supplier for the United States, so mobile phones, computers and games may become more expensive.
“We believe that there is no winner in the war of trade or customs tariffs, and we will support the firmness of our national interests.”
Canada and Mexico
The new definitions learned about a previous threat published by Trump in November on his social media platform, Truth Social. He referred to the time when he will be a tariff on these two countries on his first day in his position if they do not strengthen their border policies.
The United States imports many major goods from Mexico and Canada. Americans get $ 92 billion of crude oil from Canada, as well as billions of dollars in cars and vehicle parts. In addition to auto parts, Mexico also provides $ 25 billion computers to the United States.
On Friday, Prime Minister Justin Trudeau said the nation would respond to the definitions.
Trudeau said in a post on X.
Russia
Trump said on January 22 that he would put a customs tariff for imports from Russia if the country does not end the Ukraine war soon.
“If we do not” deal “, and soon, I have no other option but to put high levels of taxes, definitions and sanctions on anything Russia’s conversion to the United States, and various other participating countries,” Trump wrote about the social truth.
According to the census data, the United States imported $ 4.57 billion from Russia in 2023, which constitute only 0.14 % of total imports of that year. Given the low export of the country to the United States, consumers may see few effects if a tariff is implemented on Russia.
Colombia
After the President of Colombia removed two trips from the United States that carried migrants deported, Trump threatened the country with a 25 % tariff. He said that in one week, a Colombia tariff will be raised to 50 %.
“We will not allow the Colombian government to violate its legal obligations regarding the acceptance of criminals who were forced into criminals to the United States!” Trump said on the social truth.
Colombia President Gustavo Petro stated in a statement that his country would receive the Colombians “on civilian aircraft, without being treated like criminals.” Then the White House pulled his threat, but he warned that this could be re -if Colombia failed to honor its agreement.
The main goods include US imports of Colombia coffee and banana, which are likely to become more expensive under the tariffs.
Brex State
On November 30, Trump posted on the social truth that he would impose a 100 % tariff on the BRICS group unless they commit to not creating a separate currency competing with the US dollar.
The Brexes consist of nine countries: Brazil, Russia, India, China, South Africa, Ethiopia, Egypt, Iran and the United Arab Emirates.
Pharmaceutical preparations, raw oil and home commodities are among the best imports from countries in the BRICS group, with the exception of China. The Trump administration has not announced any tariff for the BRICS countries on Saturday.
Denmark
Trump said at a press conference on January 7 that “Denmark will get to know a very high level” if the country does not agree to give up Greenland, an independent Danish region, to the United States.
The president did not provide further details about this claim, None of these definitions has been implemented. Financial times I mentioned Metty Friedrixen, Prime Minister Trump and Denmark, had an invitation to discuss the threat, during which Frederxen confirmed that Greenland was not for sale.
The United States primarily imports medical products and machines from Denmark.
