US President Donald Trump threatened on Monday to impose comprehensive new tariffs on China, Canada, and Mexico to combat illegal immigration and drug trafficking. As one of his first actions, Trump announced that he would impose a 25% additional tariff on all products entering the country from Canada and Mexico, and a 10% additional tariff on products from China. According to recent data, the US is the world's largest importer of goods, with Mexico, China, and Canada being its three largest suppliers. The threatened tariffs - if implemented - risk increasing the prices of food, automobiles, and other goods in the US. RETALIATION THREAT FROM MEXICO TO TRUMP'S DECISIONMexican President Claudia Sheinbaum reacted to Trump's decision, stating that it would negatively impact the economies of both countries. In a press conference, Sheinbaum read a letter she wrote to Trump, saying, "In response, a tariff will follow another tax, and this will continue until it jeopardizes our joint businesses." Sheinbaum emphasized that tariffs would lead to inflation and job losses in both countries, expressing her desire to have a phone conversation with Trump and stating that she would send a letter to Canadian Prime Minister Justin Trudeau. "IT WILL AFFECT US AUTOMOBILE MANUFACTURERS"Sheinbaum reacted to Trump's decision by asking, "What is the point of increasing tariffs?" She pointed out that this decision would severely impact US automobile manufacturers like General Motors and Ford, which have factories in Mexico. Sheinbaum highlighted that her administration has shown a willingness to help Mexico combat the fentanyl crisis in the US, noting that the number of migrants at the border has decreased and that migrant caravans can no longer reach the US-Mexico border. However, Sheinbaum pointed out that criminal organizations in Mexico are still acquiring weapons from the US, stating, "We do not manufacture weapons, we do not consume synthetic drugs. Unfortunately, what we have right now are the people killed due to crimes committed against the demand in your country. Tariffs will harm both countries. We will find a solution." REACTION FROM CHINAA report from China's state media warned that Trump's decision could drag the world's two largest economies into a mutually destructive trade war. The article stated that the justifications Trump provided to justify the threat of additional tariffs on China were very "forced," adding, "There are no winners in trade wars. If the US continues to politicize economic and trade issues by using tariffs as a weapon, both sides will suffer." "THE TIME FOR PAYBACK HAS COME"Trump, who will take office on January 20 in the US, announced yesterday that he would impose a 25% tariff on all products from Mexico and Canada and an additional 10% tariff on products from China when he takes office. Trump stated, "This tariff will remain in effect until drugs, especially fentanyl, and all illegal immigrants stop invading our country. Both Mexico and Canada have the right and power to easily resolve this long-standing issue. We want them to exercise that authority, and until they do, the time has come for them to pay a very high price."
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