Despite its harm to its people … Trump explains why he insists on imposing customs duties?
Trump decided to impose these drawings against Canada, Mexico and China, while he claimed that Canada “would not have existed” without the surplus trade between them and the United States.
Trump’s customs duties
Trump’s commercial sanctions on Saturday in his resort in Florida caused a mixture of panic, anger and uncertainty.
It also threatened to destroy a business partnership of decades -old in North America, as well as causing tension with China.
But by implementing one of his pledges in his campaign, Trump may also break one of his promises to the voters that his administration can quickly reduce inflation.
“Will there be some pain? Yes, perhaps (and maybe no!),” But we will make America great again, and everything will be worth the price that must be paid, “Trump said in a post on the” Truth Social for social networking “.
Customs duties against Canada
In his publication on “Truth Social”, Trump focused on Canada, which responded with retaliatory measures.
Trump imposed 25% customs duties on Canadian goods, and a 10% tax on oil, natural gas and electricity.
Canada responded with 25% customs duties on American products exceeding 155 billion dollars, including alcohol and fruits.
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