3.9 C
London
Monday, February 10, 2025

Will Donald Trump impose tariffs on Mexico and Canada? “Loss of jobs and homes.” They may fall into a recession

Must read

- Advertisement -



Is there a threat coming? – This would be a real war, not a trade skirmish. This is serious. We would see job losses and homes lost, says Joe Brusuelas, chief economist at RSM. CNN quotes economists' opinions that if Donald Trump he would fulfill his promises, he would “drive in the economies of Canada and Mexico into recession and would probably result in an increase prices cars, gasoline and other imported goods for Americans.

The US will impose tariffs: Donald Trump announced the imposition before his inauguration 25 percent tariffs on imports from Mexico and Canada. They would be in force until – as Donald Trump put it – “drugs, especially fentanyl and all foreigners [którzy przebywają w Stanach nielegalnie – red.] will stop this invasion of the country.” In turn, he accused Canada of taking advantage of the United States. He talked about the trade deficit. – We subsidize Canada to the amount of one hundred billion dollars. If so, this country should be our state – he declared.

Watch the video Even his greatest skeptics could not have dreamed of this. Trump wants to take away… Greenland from Denmark?

Donald Trump is bluffing? However, economists increasingly doubt that these announcements will be implemented. Goldman Sachs only gives 20 percent chances that the US president will impose a 25 percent tariff for Canada and Mexico. They recall that in 2019 he also announced that he would impose a tariff on Mexico of up to 25%. within 10 days, but he never did. They emphasize that tariffs were supposed to be imposed on the first day of the president's presidency, but that day is already behind us and nothing of the kind happened.

Read also:This is how Donald Trump can influence fuel prices in Poland. Everyone will notice it“.

- Advertisement -

Sources: IAR, CNN



Source link

More articles

- Advertisement -

Latest article