Haberler   
  English   
  Kurdî   
  En.Haberler.Com - Latest News
SEARCH IN NEWS:
  HOME PAGE 26/11/2024 12:49 
News  > 

Trump has initiated a new trade war: Heavy tariffs on three countries.

Trump has initiated a new trade war: Heavy tariffs on three countries.

26.11.2024 10:31

Trump announced that on January 20, when he takes office, he will impose a 25% tariff on products from Mexico and Canada, and an additional 10% tariff on products from China. Citing border security and the fight against drug trafficking as his reasons, it is suggested that this decision by Trump could trigger a new global trade war and harm the world economy.

The elected president of the United States, Donald Trump, announced that he would impose heavy tariffs on Mexico, Canada, and China when he took office on January 20. According to a statement made on the social media platform Truth Social, a 25% tariff will be applied to all products imported from Mexico and Canada, while an additional 10% tariff will be imposed on products coming from China on top of the existing tariffs.

Trump explained the rationale for the decision as border security and combating drug trafficking. "These tariffs will continue until illegal immigrants and drug trafficking entering our country through Mexico and Canada are stopped," said Trump, specifically targeting the prevention of fentanyl trafficking.

The first reaction to the decision came from China. A spokesperson for the Chinese Embassy warned that trade wars would benefit no one.

The New York Times reported that this decision would disrupt global supply chains and severely impact world trade. According to the newspaper, trade in the North American market, which has been interconnected by free trade agreements for over thirty years, could be paralyzed.

BBC pointed out that the new tariffs violate the terms of the United States-Mexico-Canada Agreement (USMCA), emphasizing that the decision is contrary to international trade law.

Experts warn that Trump's move could initiate a new global trade war and cause serious damage to the world economy.



 
Latest News
  • In the Newborn Gang case, chilling words: "It was a bad baby."
  • The trial of the 'Newborn Gang', which caused the deaths of newborn patients by transferring them to the neonatal units of private hospitals they had previously agreed upon in Istanbul, is ongoing. Ecem Koç, a nurse who is a free defendant and responded to the allegations regarding the death of baby Halime, stated, "It was a bad baby. The doctors had no hope, yet we did everything we could. It was not a baby that died suddenly. It was already in a bad condition. Since there was no doctor, we intervened as nurses."
  • 12 minutes ago...

  • Elon Musk criticized that fighter jets would lead to the death of pilots.
  • Elon Musk, the owner of SpaceX, criticized modern fighter jets for their complex structures and high costs, arguing that unmanned aerial vehicles (UAVs) are a more effective alternative in this field. He pointed out the reliability and cost issues associated with F-35 fighter jets.
  • 21 minutes ago...

  • Apple is burying SIM cards in history.
  • It has been claimed that Apple plans to remove the SIM card slot in its new products. The company will no longer include a SIM card slot in the phones it will launch in other countries along with the iPhone 17 series.
  • 22 minutes ago...


  • Minister Uraloğlu: No exports to Israel.
  • The Minister of Transport and Infrastructure, Abdulkadir Uraloğlu, made a statement regarding the trade allegations with Israel that were brought up in the TBMM Planning and Budget Commission, saying, "I recommend the information shared by the Palestinian Minister of Economy. Code 624 refers to exports to Israel. Code 625 refers to exports to Palestine. I would like to state that we do not allow any products with code 624."
  • 41 minutes ago...

 
 
Top News