March 6, 2025
US may weaken some duties on goods from Canada and Mexico - Minister of Trade thumbnail
Economy

US may weaken some duties on goods from Canada and Mexico – Minister of Trade

The day before, 25 percent duties on imports to the USA goods from Canada and Mexico were entered”, – WRITE: www.radiosvoboda.org

US Minister Howard Lutnik has announced a possible agreement between US President Donald Trump Administration and Canada and Mexico leaders, which may result in some duties. told An official in an interview with the American TV channel Fox Business.

Lutnik said that Trump would most likely try to meet America’s neighbors in the middle, focusing on the free trade agreement between the US, Mexico and Canada (USMCA), which was created to create a fair trade between countries.

“He is very careful about this question, trying to find out whether there is a way he can become in the middle, where he can give something to Canadians and Mexicans, but they have to do more. They should put an end to death from Fentanyl, ”Lutnik said.

In his speech before Congress on March 4, Trump stated that thanks to the tariffs that will be introduced against a number of countries, the United States will receive “trillions of dollars and unprecedented number of jobs”

March 4 came into force 25 percent duties on imports to the USA of goods from Canada and Mexico, of which Donald Trump announced on February 2. A 10 percent duty on import from China was also imposed. The introduction of Customs Trump explained the need to “force Mexico, Canada and China to fulfill their promises to stop illegal immigration and stop the flow of poisonous fentanyl and other drugs” to the United States.

Fentanyl is a powerful synthetic opioid, 50 times stronger than heroin. It is used in medicine, but its illegal spread leads to deadly overdose.

Donald Trump accuses Mexico and Canada for the supply of fentanyl to the United States because he believes that Mexican drug cartels produce and transport this dangerous substance, and their activities extend to Canada, where, in his opinion, the number of laboratories increases. Trump proposes to declare cartels “foreign terrorist organizations”.

Canada and Mexico, the two largest trade partners of the United States, as well as China Introduced tariffs in response Donald Trump’s similar decisions that came into force on Tuesday.

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