The president of the United States, Donald Trump, said on Thursday that his 25 percent proposed tariffs on Mexican and Canadian assets would take effect on March 4 as scheduled because drugs were still being dedicated to the United States from those countries.
Trump also said he would impose an additional duty of 10 percent to Chinese products that day. This would seem to be at the top of the 10PC rate that raised on February 4 on China imports.
Trump said drugs were still arriving at the US. Uu. In “very high and unacceptable levels”, and a large percentage of them was the mortal opioid fentanyl.
“We cannot allow this scourge to continue damaging the United States and, therefore, until it stops, that is, seriously limited, the proposed rates scheduled to enter into force on March 4, in fact, will come into force, as scheduled,” Trump said in a publication in his real social media site. “China will also be charged with an additional 10 percent rate on that date.”
The statement clarified some confusion on Wednesday by the deadlines of the punishment tariffs of Canadian and Mexican goods that Trump has threatened with the fentanyl crisis and border security of the United States.
Trump’s comments on the matter during his first cabinet meeting on Wednesday seemed to suggest that he could delay the deadline for approximately one month, until April 4.
The comments of the Trump administration officials indicated that the deadline of April was for Trump’s “reciprocal tariffs” that coincide with import tax rates from other countries and compensated for their other restrictions. Their commercial advisors consider that the value -added taxes of European countries are similar to a rate.
Kevin Hasett, the main economic advisor of the White House, said CNBC The television that Trump would determine the new rates after a study is completed before April 1.
“The schedule is that there is a study that will be released on April 1, and after that, the president will decide what to do with tariff policies for all countries,” he said, but specifically mentioning Mexico and Canada.
Rate, border conversations
Meanwhile, Canadian and Mexican officials had to meet today with the Trump administration homologues in Washington and Friday to try to prevent rates, which could give a hard blow to a highly integrated American economy.
Mexican Economy Minister Marcelo Ebrard will meet with the newly confirmed trade representative of the United States, Jamieson Greer, and Commerce Secretary Howard Lutnick on Friday.
In Canada, the Minister of Public Security, David McGuinty, said today that the progress that Canada has achieved to harden security along the border with the United States and combat drug smuggling should satisfy the Trump administration.
“The evidence is irrefutable: they are advancing,” McGuinty said in televised comments to journalists in Washington before two days of conversations with US officials.
“In my opinion, any evidence that was put in Canada in terms of showing progress and meet standards for the border, I think they have been fulfilled,” he said.
The Canada Border Services Agency said in a statement that it was launching an objective initiative and through the country to intercept the illegal smuggling that arrives and left the country, with an focus on the fentanyl and other synthetic narcotics.
China, in a letter to the US commercial representative Jamieson Greer, said China and the United States should address concerns in economic and commercial fields through dialogue and consultations the same.
