With the customs tariff, Trump takes advantage of this and sows a disturbance like the lack of another American president
In a short time, President Donald Trump proved everything the holidays he pledged in a second term.
It has launched a trade war with United States neighbors and the largest commercial partners – American warning They may feel “some pain”, But if so, it is “worth the price.” He allowed Ally Elon Musk and his team to reach billions of dollars to pay the Ministry of Treasury. He obtained Venezuela to release American hostages and receive deported immigrants, with the abolition of the protected situation of more than 300,000 Venezuelali in the United States
This is all since Friday. It is a new day in Washington, where Mr. Trump continues the power of “America first” and a smaller government during a second period of two -week -old.
Why did we write this
The new definitions of President Trump will send against Canada, Mexico and China shock waves to global markets and panic allies. Economists warn that they can enhance us.
three February 1 executive orders On imports from Mexico, Canada and China, while long promised, the world was shocked by its scope and potential economic turmoil. This step shows that the president embraces the role of economic risks, despite the uncertainty that creates the global economy, the American leadership, and its people. The target of the White House fact newspaper says about the new orders, which is to drop the permanent American trade deficit, stop illegal immigration through both the southern and northern American borders, and stop the fentanel and other drugs from flowing to the country. China is a major product and a source of chemicals for the shell used for the murderous artificial opium.
But Mr. Trump’s tariff poses risks. Mexico’s economy can already go to recession, Experts say. Economic growth in Canada as well, It can be drowned in negative lands. In the United States, this step can enhance inflation, which is already 2 % higher than the federal reserve goal, as the cost of definitions is transferred to consumers. The dropping of inflation was one of the best promises in the Trump campaign.
Under the United States, Mexico, and Kanaada Agreement, or USMCA-a free trade deal that Mr. Trump negotiated during his first term-the economies of the three countries deeply intertwined, especially in the agricultural, cars and energy industries. But starting from Tuesday, Mexico and Canada face a 25 % tariff on exports to the United States, with the exception of a 10 % tariff for Canadian energy. China, the second largest economy in the world, faces a 10 % new American tariff – in addition to the current definitions dating back to the first term of Mr. Trump to 50 %, which caused hardship for American farmers who Government rescue operations are required.
Canada Revenge Trump controls the leverage
Canada, Mexico and China take revenge quickly or pledged. In condemning the American move, China announced that “Vintanel is the problem of America.”
Canada, in particular, interact with harm and shock. Unlike the Chinese Mexico’s connection on Fntanil, a focus on the real American public interest, politics makers are hard to determine what Canada did “wrong”.
Canadian Prime Minister Justin Trudeau said on Saturday. “We have created the most successful economic, military and security partnership that the world has ever seen …. We are always there, standing with you.”
Mr. Trudeau has announced 25 % retaliatory definitions against the United States on food, clothes and household items.
But Mr. Trump, as president of the richest and strongest nation on earth, has the most financial leverage, and he knows this. He claims that the allies, including Canada, have benefited from the United States with “unfair” commercial deficit and their failure to spend enough to defend.
“The customs tariff is a strong and proven source of interrogation to protect the national interest,” the White House I was mentioned in the fact paper Based on the executive orders, Mr. Trump signed on Saturday from the property of Mar Lago in Florida.
It is not clear to what extent does the president want to go. Last week, when the customs tariff for Colombia threatened after it refused to accept the trips of migrants deported from the United States, the South American state quickly declined.
But the United States’ dealings with its neighbors in North America, and with China, may be another issue.
Raymond Robertson, an expert in international trade at the University of Texas A and M., says American trading partners and major partners may face a “endless chicken game” during the next four years.
Professor Robertson says: “The bet is that we will be damaged if we have already followed,” says Professor Robertson. “But we expect their perception of the damage to be greater, so we expect them to flow first.”
Mr. Trump has not finished issuing threats. On Friday, he promised the new definitions against Europe, accusing the European Union 27 countries of treating the United States “very terrible.” He was making noise on social media about the European Union tariff for several months, saying he wanted Europe to buy more American products, including energy, in an attempt to drop the American trade deficit.
On Sunday talk shows, experts and partisans had a lot to say about Mr. Trump’s introductory threats.
“I do not think that these other countries are likely to accept meaningful changes in politics,” said Larry Samers, the former Treasury Secretary during the era of President Bill Clinton, CNN. “Think about what the fatwa is doing. He calls more bullying.”
Speaking of “Fox News Sunday”, Republican Senator Lindsey Graham, South Carolina, defended the tariff of Mr. Trump. “If you want to disappear the tariff, Mexico and China stop and stop poisoning Americans,” he said.
Later on Sunday, one of the correspondents asked Mr. Trump how Canada and Mexico could raise the definitions. He said: “They have to balance their trade, number one.” They must prevent people from flowing to our country. … and we have to stop fentanel. This includes China. “
Details led by musk in American agencies
At the end of the other weekend in Washington, the drama focused on Mr. Musk, Trump’s wealthy counselor focused on reducing the size of the government. On Friday, David Liberic, a major civilian employee for a long time in the Treasury, was forced to leave after a clash with the administration’s payment system. Mr. Musk team is seen as wanting to reach as part of its efforts to reduce government spending. In the employee management office, where Musk assistants took over, job officials from the agency’s computer systems were closed, which sparked the employees protests.
At the USAID Agency (USAID), the site has been not connected to the Internet since Saturday, which is a possible result of Mr. Trump’s former decision to suspend and review external aid. Such assistance – which represents less than 1 % of the $ 6.8 trillion federal budget – has long been considered a means of “soft energy” around the world.
On Saturday, two security officials of the agency were forced to leave the musk allies, after US Agency officials for International Development refused to grant them access to the restricted spaces to display high secret information, According to the Washington Post.
Mr. Musk described the American Agency for International Development as a “criminal organization” and made claims without evidence on the social media site X on the agency’s activities. Supporters of the United States Agency for International Development, the largest food aid provider in the world, have reached the agency’s defense.
“The elimination of the American Agency for International Development – which prevents famines, meters, and creates more markets for American export – will make the world a more dangerous place for Americans and a gift for China and Russia,” He said Saturday on x.