In an attempt to make America “very rich again,” Donald Trump, who was sworn in as the 45th president of the United States of America for a second term, imposed 25 percent import tariffs on Canada and Mexico, starting a “trade war.”
Also, he brought 10 percent on goods from China and energy imported from Canada.
Many agree that this decision is seen as a hostile towards the neighboring countries.
At the same time, it would affect the US citizens in terms of experiencing increased cost of groceries and gas.
On the social media Truth Social, Trump wrote, “WILL THERE BE SOME PAIN? YES, MAYBE (AND MAYBE NOT!). BUT WE WILL MAKE AMERICA GREAT AGAIN, AND IT WILL ALL BE WORTH THE PRICE THAT MUST BE PAID.”
Canada and Mexico took a stand regarding the hiked tariffs, saying they would respond in the same manner to US goods being imported.
Canadian Prime Minister Justin Trudeau’s threatened that the country is “ready with a response, a purposeful, forceful but reasonable, immediate response.”
Mexican President Claudia Sheinbaum also reacted to Trump’s decision, saying, “We have Plan A, Plan B, Plan C, depending on what the government of the United States decides
“It is very important for the people of Mexico to know that we will always defend the dignity of our people, that we will always defend respect for our sovereignty, and engage in dialogue as equals, as we have always stated, without subordination.”
However, Trump didn’t waste time firing back.
“I love the people of Canada. I disagree with the leadership of Canada. And something’s gonna happen there,” Trump told Sky News.
“If they want to play the game, I don’t mind. We can play the game all they want.”
A solution Trump proposed was that Canada becomes a 51st state of America.
“We don’t need anything [Canada has].
“We have unlimited Energy, should make our own Cars, and have more Lumber than we can ever use. Without this massive subsidy, Canada ceases to exist as a viable Country. Harsh but true!
“Therefore, Canada should become our Cherished 51st State. Much lower taxes, and far better military protection for the people of Canada — AND NO TARIFFS!”
With the increased tariffs, Donald trump would further escalate the trade war.
This will increase the prices of the cars by anywhere from $1,000 to $9,000 or more, as per the UK Finance. Further, more than 165,000 autoworkers could lose their job, a price the presidents seems to be willing to pay.
As per the BBC, White House press secretary Karoline Leavitt stated that the duties on Canada and Mexico were a response to “the illegal fentanyl that they have sourced and allowed to distribute into our country, which has killed tens of millions of Americans,” adding that these are promises Trump had made in the past.
Please SHARE this article with your family and friends on Facebook.
