More than 83% of exports from Mexico in 2023 and 75% of Canadian go to the US
– President-elect Donald Trump on Monday pledged big tariffs on the United States' three largest trading partners – Canad a, Mexico and China – detailing how he will implement campaign promises that could trigger trade wars.
While migrant arrests reached a record during President Joe Biden's presidency, straining US border enforcement, illegal crossings fell dramatically this year as Biden instituted new border restrictions and Mexico stepped up enforcement. Canada and the United States at one point imposed sanctions on each others' products during the rancorous talks that eventually led to USMCA. Trump will have the opportunity to renegotiate the agreement in 2026, when a "sunset" provision will force either a withdrawal or talks on changes to the pact.
"Escalating trade retaliation would only hurt the people's pocketbooks and is far from solving underlying problems," he said in a post on social media platform X. "All these prove that the idea of China knowingly allowing fentanyl precursors to flow into the United States runs completely counter to facts and reality," the spokesperson said.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
Similar News:آپ اس سے ملتی جلتی خبریں بھی پڑھ سکتے ہیں جو ہم نے دوسرے خبروں کے ذرائع سے جمع کی ہیں۔
Trump presidency lifts Wall St to record high; dollar, Treasury yields surgeOutside the US, investors were less euphoric, fearing higher tariffs would hurt global trade
مزید پڑھ »
China files complaint at World Trade Organization over EU tariffs on Chinese electric vehiclesChina files complaint at World Trade Organization over EU tariffs on Chinese electric vehicles
مزید پڑھ »
Walmart, other US companies raise concerns over proposed Trump tariffsTrump has floated the idea of 60% tariffs on China, and universal tariff of 10% to cut trade deficit
مزید پڑھ »
Bracing for Trump tariffs, China's Xi makes diplomatic push at global summitsChinese President Xi Jinping went on a diplomatic offensive, hedging against expected new tariffs
مزید پڑھ »
Trump vows to prosecute political rivals, election workersTrump vows to prosecute political rivals, election workers
مزید پڑھ »
China opposes new Philippine maritime law, vows to protect South China Sea 'sovereignty'Beijing claims sovereignty over nearly all of the South China Sea
مزید پڑھ »