
usa news: President Donald Trump announced on Monday (March 3) that 25% tariff on imports from Mexico and Canada will be implemented from Tuesday (March 4) & NBSP; During this, he warned that these countries now have no option to avoid American trade action. Earlier, the tariff was stopped for a month after the announcement, causing a place for diplomatic interaction with Canada and Mexico.
Donald Trump said this thing & nbsp;
Addressing reporters in the Roosevelt Room, Trump said, " From March 4, & nbsp; Canada will be imposed 25% tariff on Canada and 25% on Mexico. It has started. Tariffs have to be applied on them."
This announcement caused a stir in the US stock market and on Monday (March 3) The S&P 500 index in the afternoon trading declined by 2% as analysts warned that tariffs would increase inflation for American consumers and decades old business relations with American neighbors will deteriorate.
Trump has also ordered to increase the 10% tariff already imposed on Chinese Ni imports to 20%. This order will also come into effect from March 4. China has not yet made any concrete strategy to deal with illegal fencing trade. & Nbsp;
Canadian Foreign Minister Melani Jolie’s retaliation & nbsp;
Canadian Foreign Minister Melani Jolie said that if Trump implements his tariff scheme, his government is ready for retaliation. He said, ‘If you put trump tariff then we are ready. We are ready with a $ 155 billion tariff. We are ready with the first installment of the tariff, which is $ 30 billion. ‘
At the same time, Canada has also continued diplomatic efforts to avoid trade war. He informed the Trump administration about a very strong border scheme to deal with American concerns on illegal migrants and fantaneel smuggling last week.
‘Mexico is united’
Mexico President Claudia Shinbam said that his country is united in response to Trump’s tariff threats. They said, "This is a decision that depends on the United States Government and the President of the United States. Because of this, whatever decision will be his decision, we will also take our decision. We also have a plan. All are united in Mexico. & Nbsp;