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This Monday, Donald Trump confirmed that the first economic measures that will be taken during his second term concern the increase in customs duties on products from China, Mexico and Canada.
The US president-elect wrote on his Truth Social network: “On January 20th, as one of my many first executive orders, I will sign all necessary documents to impose a 25% tariff on Mexico and Canada on ALL products entering the United States .” And he added that “this tax will remain in effect until drugs, especially fentanyl, and all illegal immigrants stop invading our country!”
The Republican businessman, in another message, also announced that customs duties would increase by 10%, in addition to existing taxes and those that he could still foresee on “all the many products arriving from China to the United States”. It is clear that Trump does not fear the trade war, the increase in customs duties representing a key component of his economic policy.
For their part, China and Canada responded by highlighting their trade and economic relationship with the United States, which, according to both countries, is “mutually beneficial.” “Especially for American workers,” emphasizes Justin Trudeau’s government. And to recall that Canada remains “essential for the energy supply” of the United States.
