January 31, 2025
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Trump has introduced duties for goods from Canada and Mexico

Trump has imposed duties for goods from Canada and Mexicoidald Trump plans to introduce 25% of duties on goods from Canada and Mexico through illegal migrants, drugs and trade shortages. The decision on Canadian oil duties will be made additionally.”, – WRITE ON: Unn.ua

US President Donald Trump has stated that he would be threatening 25% of import duties from Canada and Mexico this Saturday, February 1. He called the reasons for Fentanyl and a major trade deficit. Bloomberg writes about it, reports UNN.

Details

According to Donald Trump, the introduction of tariffs for the import of goods from Canada and Mexico has several reasons: the first is migrants who are illegally hit and in the country, the second – drugs, the third – huge subsidies that the USA provides Canada and Mexico “in the form of deficiency” .

Mexico and Canada have never been good for us in trade. They were very unfair to us in trade. We don’t need what they have

Trump added that the level of duties “may grow over time, or maybe not.” In addition, he reported that tonight would decide whether duties will be applied to the import of Canadian oil, it should be noted that this decision would depend on the price of oil.

It is noted that after comments by the US President, the West Texas Intermediate oil futures rose above $ 73 per barrel. Meanwhile, the US dollar also grew up to the daily maximum, and the Canadian dollar fell.

Recall

According to the Karolina Livitt White House representative, on February 1, it remains the final term for the use of 25%duties if Canada and Mexico do not take steps to reduce the flow of illegal migrants and drugs, including fentanyl, to the United States.

Oil prices froze in anticipation of clarity on Trump’s Customs for Canada and Mexico01/30/25, 09:49 • 23287 Views

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