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Trump rates begins Saturday in Canada, Mexico and China on Saturday, the White House says


Donald Trump will enforce US presidents in the Oval Office of Washington White Washington house, 30 January 2025.

Elizabeth Frantz | Reuters

When you finished in the weeks of living speculation, the White House confirmed Friday at the President Donald Trump will be aggressive tariffs in the main US trade partners.

The Karoline Leavitt said that Trump will establish 25% rates in Mexico and Canada, as well as a 10% duty in China, who had seriously put the illegal and permission to distribute in our town. “

The White House gave little details on how the tax cover will be known exactly that there will be some moments on Saturday.

Since the positive positive in the session fell on the news, sending the average of the Dow Jones industry more than 200 points or about 0.5%. However, the S & P 500 and NASDAQ compound has been positive.

“These are the promises made and the President promises to be saved,” Levitt said.

There was no exception of tariffs; White houses reported that the rapids will be some stakes, rather than blank measures that cover all products, and tariffs would be delayed until March 1.

Together, the US takes about $ 1.6 billion in the year with three countries. Trump seeks to use tariffs, both in foreign policy changes, specifically, immigration and drug trading issues.

“We have been superilia, and the superilia of the superilia, (New Orleans) is the same number of people who die every year from Fentanyl, and Mexico comes from China,” Trump Trade Consultant Peter Navarr Knbc said before in an interview. “That’s why we have these kinds of discussions.”

Economists worry that tariffs burning inflation when pricing pressures start abat. The trade department reported on Friday that the Federal Reserve views a tight inflation rose to 2.6% in December, but the details of the report were more positive.

However, FED officials said they control the impact of prosecutive policy.

“It will be very important to have a better sense of real policies and how they will be implemented, in addition to how the economy will respond to more confidence,” Michelle Bowman said.

By talking to CNBC on Friday, President Chicago Fed Austan Goolsbee said that the key will be the rates that are single events or bring revenge.

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