BEIJING: Responding to ten percent US levies on all its products, China has imposed 10% import taxes on a number of American commodities from Monday (10th February, 2025).
It may be recalled that immediately after US levies came into effect (on 4th Feb), Beijing proclaimed the plan to retaliate. Levies on US products include fifteen percent border tax to be paid by importers of US coal and LNG products. There is also ten percent tariff on American crude oil, agricultural machinery and large-engine cars. China has also imposed export controls on 25 rare metals, some of which are key components for many electrical products and military equipment.
Canada: Following the 25% tariff imposed by Trump on *all Canadian imports into USA set to take effect on Tuesday (4th Jan 2025), and his push for Canada to become 51st state of America, the 40 million citoyens of this country are angry.
PM Justin Trudeau while addressing the nation had stated: “Many among us will be affected by this, and we will have some hard times. I ask you to be there for each other. Now is the time to choose Canada…We prefer to solve our disputes with diplomacy. But we are ready to fight when necessary…
“This is a choice that, yes, will harm Canadians. But beyond that, it will have real consequences for you, the American people…As I have consistently said, tariffs against Canada will put your jobs at risk, potentially shutting down American auto assembly plants and other manufacturing facilities.
“They will raise costs for you, including food at the grocery stores and gas at the pump. They will impede your access to an affordable supply of vital goods crucial for U.S. security, such as nickel, potash, uranium, steel and aluminium,” PM Justin Trudeau stated on Saturday (1st of February, 2025).
Donald Trump took to the Social Media platform Truth Social on 2nd Feb to maintain that his country, that paid hundreds of billions of dollars to subsidize Canada, did not need Canadian products: “Without this massive subsidy, Canada ceases to exist as a viable country.”
Mexico: On 3rd Feb President Donald Trump said that he was pausing the 25% tariffs on goods imported from Mexico for one month following Mexican President Claudia Sheinbaum’s agreement to send ten thousands soldiers to the order to prevent drug trafficking immediately. .
*10% levy on energy
Newspakistan.tv
