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Trump said it will set additional 10% rate in China


Getty Images This air photo taken on May 15, 2024 shows export cars waiting for loading "Saic Anji eternity"He intended to export the automotive cars in China, in the port of Yantai, China Shandong province.Getty Images

Donald Trump said that the goods planned with another 10% increase in sales, the last US president is constantly scaling trade battles.

Imports from China have already faced 10% rates, after a trumpet after a trumpet entered this month before.

Trump also said that he wanted to move forward with a threat with 25% tax on Canada and Mexico imports, which are in force on March 4th.

The US president announced 25% of the country’s residents, but the measure interrupted countries after increasing the security financing of limits and talk about how to deal with drug trafficking.

China, Mexico and Canada are three trade partners in America, accounting for more than 40% of imports in the last year.

Mexico and Canadian officials are in Washington while trying to perform measurements this week. Trumpen threats have caused a wide alarm, as the North American economy is very linked to decades that exploit under a free trade agreement.

Mexican and Canadian leaders first said they would impose revenge rates in the United States if the white house was progressed.

In social media, Trump wrote that Fentanyl’s flow was not to go to the US, and it was a fault of Canada, Mexico and China.

“Drugs are still flowing from Mexico and Canada to be high and unacceptable levels,” he wrote that the “high percentage of drugs” was done in China.

During the campaign, Trump threatened to import from China to imports as high as 60%.

The rates are tax collected by the Government and the business brings the goods to the country.

Economists have warned that they can bring higher prices in the US to iPhones from avocadoes.

The last surveys of consumer feelings suggest that concerns about measurements have helped consumers trust and helped concerns about living costs.

Trump’s commercial movements have also been added about financial markets, although it was a great uncertainty to carry out whether Trump is prepared for his threats.

The three main stock indices in the US were changed on Thursday.

The effect of rates, if placed in force, is expected to feel much more in the Canadian and Mexican economies.

But analysts warned the threat of tariffs, although ever in force, it is still likely to have an investment effect, including the US.

China responded to the first round of the first US rates about US products, including coal and agricultural machinery.

Trump dismissed fears of harm to the American economy.

“We are a golden pot. We are all those who want,” he said Wednesday to journalists.

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