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You are at:Home»Politics»Americans can find themselves paying the cost of prices on imports
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Americans can find themselves paying the cost of prices on imports

February 3, 2025005 Mins Read
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Cnn
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One day after Sign new steep prices In Mexico, Canada and China, President Donald Trump recognized what economists, members of the Congress and even some of his own aid – in their previous life – have always said: Americans may be found to pay the costs.

“It will be the golden age of America!” Will there be pain? Yes, maybe (and maybe not!) “Has Trump, in all capital letters, on his social platform of truth.

The message, which appeared in the preceding Trump hour, arrived at its West Palm Beach, Florida, the golf club for the second consecutive day, was an advanced warning. Trump is seriously looking to carry out his campaign promises to end illegal immigration, slow down the dead of fatal drugs and rebalance the continental trade.

But that will be uncomfortable, Trump suggests and could be used to undermine another of his best country wishes: to reduce costs for Americans.

“We will make America again great, and all of this will be worth the price that must be paid,” wrote Trump. “We are a country that takes place now with common sense – and the results will be spectacular !!!”

Instead of reducing the prices of the grocery or fuel from the new trade war, Trump underlined a result on Sunday that he had never mentioned when he presented himself to the presidency: Annexing Canada as US state.

“Canada should become our 51st darling state. Much lower taxes, and much better military protection for the people of Canada – and no prices! He said, repeating an idea that he has floated several times since he won the elections at the end of last year.

As industries are preparing for new prices – 25% on goods in Mexico and Canada, and 10% on imports from China – it remains to be seen how long it will take for higher costs to have an impact on American consumers. The prices should come into force Tuesday at 12:01 p.m. HE.

In a tacit recognition that upward pressures could affect American gas and heating costs, Trump did not allow a 10% price on Canadian oil and gas.

Already, Canada and Mexico have moved to retaliation – reluctantly, in the case of Prime Minister Justin Trudeau, who said during a dark Ottawa address on Saturday: “We don’t want to be here.”

The former finance minister of Canada, Chrystia Freeland, who arises to replace Trudeau as Prime Minister, said that his country preferred not to enter a trade war with the United States, but is determined to defend itself.

“We do not want to have this fight, but we are not going to lose it,” she told Zakaria de CNN on Sunday, calling him a “losing” situation that will eventually hurt the Americans because they depend on Canada for many basic goods.

250202_canadianpmcandidaTariffs_horizontal_1.00_03_39_01.Still001.jpg

Canadian candidate PM Slams Trump Prices as “an act of economic war”

Canadian candidate PM Slams Trump Prices as “an act of economic war”

03:49

If the back and forth prices remain in place for a prolonged period, the “pain” that Trump warned could become a reality.

Senator Tim Kaine argued on Sunday on “the state of the Union” that the Americans will see prices increased to the pump in a few days and that American companies will be injured once the prices of reprisals of the other nations will be hampered .

“I am struck by irony. Last week, the president signed an emergency order concerning energy. There is an energy emergency. And has it just put a 10% price on Canada’s energy? The Virginia Democrat told Jake Tapper from CNN, adding: “The urgency is self-created.”

Governor Democratic Andy Beshear of Kentucky, which Trump won by more than 30 percentage points in the 2024 elections, warned Among the potential impacts on the state bourbon industry after the British Columbia and Ontario provinces led their alcohol boards to eliminate American alcohol from the shelves.

But even some Trump allies have hoped in private that after having implemented new hard duties – and proving to the world that he is ready to act decisively – Trump could possibly relax, as long as he extracted some concessions .

The Republican senator Lindsey Graham de Caroline du Sud, told “Fox News Sunday” that prices “are designed to cause changes. And if the change comes, I think the prices are likely to disappear. »»

However, what these concessions could be exactly are not clear. Before implementing the prices, Trump did not meet or spoke on the phone with Trudeau or with Mexican president Claudia Sheinbaum to state his requests.

Trudeau said on Saturday that he was trying to touch Trump since the inauguration, but that his calls had not been returned.

Briefing journalists on Saturday evening, the White House officials refused to define specific benchmarks that Canada or Mexico could reach to tighten their borders or brake fentanyl flows that would allow rates.

And Trump himself told journalists on Friday evening that he was not looking for any dealerships. In its publication on social networks on Sunday morning, its justification for prices extends far beyond punishment for the illicit flow of fentanyl.

“The United States has major deficits with Canada, Mexico and China (and almost all countries!), Owes 36 billions of dollars, and we are no longer going to be the” stupid country “,” -Als written. “Do your product in the United States and there are no prices!”

This story has been updated with new reports.

Michael Rios de CNN contributed to this report.

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