Us President Donald Trump has decided to delay a 25% tariff on canada and mexico after last-minute deals with their leaders. However, a proposed 10% tariff on china took effect after the deadline passed on tuesday.
In a final-hour call, canadian prime minister justin trudeau agreed to address trump’s key key concerns, including migration, border security, and the flow of fentanyl. Meanwhile, Mexican President Claudia Sheinbaum Reached An Agreement with Trump to Deploy More TROOPS ALONG ALONG THE Us-Mexico Border to Curb Illlegal Migration. In return, trump pledged to take steps to limit gun trafficing into mexico. The republican president has agreed to hold-off the tariffs war with neighbors for 30 days.
According to a White House Statement Cited by the Associate Press, Trump is expected to Spec with Speak with Chinese President XI Jinping as Soon as this week, raising hopes of a potential deal to present a broader trader.
China’s Countermeasures on Us Tarifs
China has responded to President Donald Trump’s Tariffs with New Duties On Multiple Us Imports and ANTITRUST Investigation into Google.
Beijing Announced A 15% Tariff on Coal and Liquefied Natural Gas And A 10% Tariff on Crude Oil, Agricultural Machinery, And Large-EnGine Cars from the Us there tariffs will take tax will do.
This is not the first time bot counts are engaged in a trade war, in 2018, trump had raised tarifs on chinese goods prompting ritaliation from China.