Trump halts tariffs on Canada after Mexico but keeps pressure on China
smartcybers786@gmail.com 
US President Donald Trump speaks with Canada's Prime Minister Justin Trudeau during the plenary session of the NATO summit in Watford, England on December 4, 2019. — AFP
#Trump #halts #tariffs #Canada #Mexico #pressure #China
US President Donald Trump on Monday decided to delay the imposition of high taxes on Mexico and Canada as he agreed to a 30 -day interval after promising to try to overcome border security and crime.
US prices on China have to affect within hours.
Both Canadian Prime Minister Justin Trudeau and Mexico President Claudia Shenbam said they agreed to promote border implementation efforts in response to demand for immigration and drug trafficking. It will withhold 25 % of revenue from Tuesday to affect 30 days.
Canada agreed to launch cooperative efforts to deploy new technology and personnel with the United States along the United States and fight organized crime, fantasy smuggling and money laundering.
Mexico agreed to strengthen its northern border with 10,000 National Guard members to prevent illegal migration and drug flow.
The United States has also pledged to stop smuggling of high -power weapons in Mexico, Shenbam said.
“As president, it is my responsibility to ensure the safety of all Americans, and I am doing so,” Trump said on social media. I am happy with these initial results. “
So far, after the contracts, economists predicted that the start of the trade war would hurt the economies of all people involved at high prices for consumers.
After talking on the phone with the two leaders, Trump said he would try to discuss with the two largest US trade partners on economic agreements in the coming month, whose economies firmly linked to the United States. Ever since a historic free trade agreement was attacked. The 1990s.
China prices have still planned
There has been no such contract for China, which is facing 10 % board prices that are ready to start at 12:01 AM et al. A White House spokesman said Trump would not talk to Chinese President Xi Jinping until the end of the week.
Trump warned that he could increase more taxes on Beijing.
He said, “China hopes to stop sending us fantasy, and if they are not, the prices will increase substantially.”
China has termed the issue of Phantenal America and said it will challenge the global trade organization’s prices and challenge other response, but also left the door open for dialogue.
The latest twist in Saga increased Canada’s dollar after falling to its lowest in more than two decades. The news also gave us a lift to the Stock Index Future after a day’s losses on Wall Street.
Fearing supply chains, industry groups welcomed the break.
“This is a very encouraging news,” said Chris Dawson, head of Canada’s Canola Producers Trade Group, said. “We have a very integrated industry that benefits both countries.”
Trump advised 27 countries on Sunday that the European Union would be their next target, but when it didn’t say.
At an informal summit in Brussels on Monday, European Union leaders said that if the United States imposes revenue, Europe will be ready to fight back, but it also demanded reason and dialogue. The United States is the European Union’s largest trade and investment partner.
Trump indicated that Britain, which left the European Union in 2020, could be saved from prices.
Trump acknowledged the weekend that his prices could cause some short -term discomfort for US consumers, but says he needs to stop immigration and drug trafficking and encourage domestic industries.
ING analysts wrote that in fact the plan will cover about half of US imports in prices and will require the United States to double its manufacturing output to meet this gap.
Other analysts said prices could throw Canada and Mexico at home – high inflation, steady growth and high unemployment – at home.
