From February 1, the United States will tax goods from Mexico and Canada in the amount of 25%, and from China - 10%. Earlier, US President Donald Trump promised to do this to force countries to take measures to combat illegal immigration and supply of fentanyl (narcotic opioid analgesic) to America.
January 31, the White House spokeswoman Caroline Levitt at a press conference confirmed the date of entry into force. According to her, the tariffs were introduced "
A day earlier, speaking in the oval office, Trump said that 25 percent duties for Canada and Mexico "
They probably will not be applied to oil, which will avoid a sharp increase in gas prices.
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As he explained, the decision was also made due to a large trade deficit, but the reason number one is migrants, and the reason number two is drugs, "
The Government of Canada, Mexico and China previously promised to answer Trump's duties.
We add that the tariff is a tax charged from foreign goods that the importing business pays the government of his country. Tariffs are often used to protect domestic industry, making foreign goods more expensive and encouraging consumers to buy local products.