Editor's PiCK

Trump: "25% Tariffs on Canada and Mexico Next Month as Scheduled"

Source
Uk Jin

Summary

  • President Trump announced that he will implement the planned 25% tariffs on Canada and Mexico starting next month.
  • The tariff implementation is expected to have a positive impact on the US economy, increasing liquidity and wealth, according to the President.
  • The tariffs will be imposed after a 30-day grace period and are expected to significantly impact economic relations with Canada and Mexico.

The US tariffs that were postponed for a month on the 4th are expected to be implemented next month. President Donald Trump has once again confirmed his determination to impose tariffs.

According to Bloomberg on the 24th (local time), during a joint press conference with French President Emmanuel Macron at the White House on Monday, President Trump responded to a question about whether the tariffs postponed until March 4 would take effect by saying, "The tariffs will be implemented as scheduled, within the set timeframe."

President Trump added, "It will be very good for the United States. It will make America fluid and wealthy."

Previously, President Trump signed an executive order to impose tariffs on Canada and Mexico starting on the 4th of this month. However, they later agreed to postpone this for 30 days through mutual agreement.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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