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Trump exacerbates his commercial war, charged 35 % of the fees for Canada

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On Thursday, US President Donald Trump made his commercial attack on Canada, announcing customs definitions of 35 percent of imports, starting from the next month, as part of his departure for the introduction of comprehensive fees in the range of 15 to 20 percent for most other trade partners of the United States.

In a letter published on his own social communication platform, “social truth”, Trump was notified by the Prime Minister of Canada Mark Carney that the new average indicator will enter into force during the first of August and will grow if Canada will have any response, according to Reuters.

In the message on the “X” platform, late in the evening on Thursday, Karni confirmed that his government will continue to defend the interests of Canadian workers and companies, on the ongoing negotiations with Washington until the date of implementation of new fees.

These 35 percent fees have a noticeable increase in comparison with the current rate of 25 percent; This is a blow to the prime minister of Canada, who sought to reach a commercial agreement with Washington.

The official of the American administration said that it is likely that the exceptions related to the goods subject to free trade between the United States, Mexico and Canada (USMCA) and current customs duties will not be changed by 10 percent imposed on energy and fertilizers, although Trump has not yet made the final decision on these subjects.

In his message, Trump called what he described how the fentanel “flows” from Canada, in addition to customs and non -shaped restrictions imposed by Ottava, which he considered harmful to American farmers, especially in the dairy sector. He wrote: “If Canada collaborates with me to stop the fantanel flow, we can reconsider the content of this message.”

On the other hand, Canadian officials say that the number of fentanel from Canada is very few, emphasizing that they took steps to increase the security of the borders.

“Canada has achieved important progress in the fight against the trouble in the Building in North America, and we strive to continue to work with the United States to protect societies and save lives in both countries,” Carni told another post on X, on Tuesday evening.

The Prime Minister of Canada announced last month that he agreed with Trump to reach a new economic agreement and security within 30 days.

Markets take care of the upcoming European training camps

As part of his commercial escalation, Trump recently imposed new definitions on a number of countries, including Japan and South Korea, and also charged 50 percent collections for copper imports.

His recent statements again caused the problems of investors; On Friday, futures on American and European actions in the Asian markets fell against the backdrop of expectations of knowing the nature of the drawings that Trump intends to impose on the European Union later on the same day.

“A possible escalation in trade relations between the European Union and the United States will have a great influence on financial markets,” said Joseph Kaporo, head of the International Economic Department of the Australian Bank of the Commonwealth. If the script, similar to the trade war between the United States and China, is repeated in 2018, it will be very violent.

In an interview with the NBC News network, she was published on Thursday, Trump explained that his commercial partners, who have not yet received a message, would probably encounter state customs duties.

He said: “Everyone does not need to get a message … We just announce the fees.” He continued: “We will only say that all the remaining countries will pay, whether it is 20 percent or 15 percent, and now we will fill this issue.”

International answers: Myanmar and Philippines are included in the line

On Friday, the official media in Myanmar reported that the country’s military ruler asked Trump to reduce the 40 -percent tariff rate for the export of his country to the United States, suggesting that he would reduce from 10 to 20 percent, expressing his readiness to send the negotiations in Washington, if necessary.

The Foreign Minister of Filippin also announced that the president of his country will meet with Trump in Washington this month, this month, and the meeting plans to discuss the discussion of the 20 percent American Filippines export tariff.

It should be noted that Canada is the second largest trading partner in the United States after Mexico and the largest importer of American goods; Last year, the cost of its imports from the United States amounted to $ 349.4 billion, while it was exported to the US market in the amount of $ 412.7 billion. The USA, according to the American statistical office.

Carney, who led his liberal party to a strong electoral victory at the beginning of this year, promised to face commercial problems with the United States, seeks to reach a trade agreement with the main American partner, by July 21.

Trump’s message did not concern the details of trade negotiations, but indicated that “customs duties could be changed, up or down, in accordance with the nature of bilateral relations.”

Last month, the Karni government lifted the digital tax, which was planned for American technological companies, after Trump suddenly suspended trading negotiations, calling this tax as a “glaring attack” on American companies.

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