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You are at:Home » Customs duties are fuel inflation: If you are an expert, if you impose 10 % of Chinese products, the United States will pay the cost.
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Customs duties are fuel inflation: If you are an expert, if you impose 10 % of Chinese products, the United States will pay the cost.

Adnan MaharBy Adnan MaharFebruary 1, 2025No Comments3 Mins Read0 Views
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Photo: VCG

Photo: VCG

According to CNN, US President Donald Trump will impose 25 % tariffs on Mexico and Canada, and will impose 10 % of China from Saturday. Experts have considered this as a US protection of escalation, and warns that new tariffs will boost US inflation.

The Chinese Ministry of Commerce, a spokesman, said on January 23 that the US tariff could be used on January 23 that tariffs had harmed both China, the United States, and the global economy.

At a press conference on Friday, the White House’s press, KAROLINE LEAVITT, claimed that tariffs would be 10 % in China with 25 % of Mexico and Canada. Millions of Americans, CNN reported.

According to the NBC, tariffs can increase the cost of consumers and companies from Canada, Mexico, and China.

“There may be temporary short -term turmoil, and people will understand it,” Fox News quoted Trump in an elliptical office on Friday. Customs duties will guarantee that other countries will “fairly treat the United States”.

Experts pointed out that Trump has long been plans to put pressure on Fentanil on Canada, Mexico, and China, and that his latest movements are aimed at turning the rhetoric into action.

The Ministry of Foreign Affairs of China has repeatedly stated that China is one of China’s toughest countries from both policy and its implementation. In 2019, China announced that it would officially schedule Fentanyl -related substances as a rank, and decided to do so in the world.

According to the Ministry of Finance, China has supported the Countercatics cooperation with the United States in a wide range and detailed ways, supporting the Fentanyl problem in the spirit of humanity and good intentions.

“This is a US protection -based escalation that has no clear economic legitimacy, and raises the cost of consumers and companies while confusing the world’s supply chain,” he said. Zhou Mi told Global Times. Saturday.

Zhou pointed out that the United States did not specify a new tariff product category because it could apply widely instead of specific products. “This wide movement will rebuild trade and supply chains in all four countries and affect the entire company,” said Zhou.

“If customs duties are enabled, it will adversely affect all three countries, China, Mexico, and Canada. Major US trade partners are also affected by Chinese investment in Mexico and Canada.” Chinese Social Science Academy Fellow told the Global Times on Saturday.

“This is a scenario with all four aspects, and the United States will pay more for fuel fuel inflation, increase living expenses, and make the government more difficult to reduce the situation. Ryu said.

“Canadian Prime Minister Donald Trump imposes tariffs on imports in Canada during the event in Toronto on Friday,” Canada ” He said that he was ready to provide an immediate response. According to CBC News, Trudeau added, “We don’t want it, but if he goes forward, we will act.”

According to a Friday Bloomberg report, Mexico’s Minister of Economy, Mexico’s Minister of Economy, stated that Trump’s planning to sell 25 % of tariffs on products would increase the cost of US consumers. He has repeatedly prepared what Mexico has announced by the Trump administration.



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Adnan Mahar
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Adnan is a passionate doctor from Pakistan with a keen interest in exploring the world of politics, sports, and international affairs. As an avid reader and lifelong learner, he is deeply committed to sharing insights, perspectives, and thought-provoking ideas. His journey combines a love for knowledge with an analytical approach to current events, aiming to inspire meaningful conversations and broaden understanding across a wide range of topics.

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