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Home » Trump triggers the war of duties
Parenting

Trump triggers the war of duties

By News Room10 March 20254 Mins Read
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Trump triggers the war of duties
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The one accomplished by a piston before ending up inside a car sold in the United States is a small odyssey. First of all the raw aluminum used to manufacture the piston is transported by Michigan (United States) to Ontario (Canada). After a first phase of the processing, the piston is sent back to Michigan, from there he takes the Mexico road for further finishing. From Mexico the piston is postponed to the United States, this time in Wisconsin, where it is assembled with connecting rods and rings. At this point the piston is ready to be inserted in the engine and this phase takes place in Michigan. From Michigan the engine takes the road to Canada again, in Ontario, to finally be mounted inside the automble. This is then exported to Mexico and the United States, where it will be in mass for sale by dealers.

This complicated process, with various border crossings, was told by the newspaper Wall Street Journal To explain the close interconnection between the economies of the United States, Canada and Mexico.

It is estimated that 40 % of the components of each car produced in the United States are made in Mexico, while 10.3 % are made in Canada. Now on this dense network of interconnections the dark duties announced by Donald Trump falls and in force from Tuesday 4 March. These are 25 percent duties on goods from Canada and Mexico and 10 percent on Chinese imports. Trump said that his duties against Mexico and China aim to block illegal migrants and drug trafficking, including Fenanyl. The two countries have expressed their intention to react. China, on the other hand, have already reacted. From 10 March, 15% duties will enter into imports from the United States of chicken, wheat, corn and cotton, while 10% will be imposed on sorghum, soy, pork, beef, water products, fruit, vegetables and dairy products.

The Ministry of Commerce has also declared that 15 US companies will no longer be able to buy products from China except with a special permit. Among these is Skydio, the largest American manufacturer of drones and supplier of the Army and American emergency services.

The spokesman for the Chinese foreign ministry, Lin Jian, described China’s countermeasures against the increase in 10% increase in Chinese exports as a “right and necessary” exports to safeguard their interests, urging Washington to abandon the “bullying tactics” and return to the table of dialogue and cooperation in good faith.

Meanwhile, the premier of the Ontario Doug Ford He threatened restrictions on electricity if the United States will proceed with the duties: “If they want to try to annihilate the Ontario, I will do everything, even cut their energy, with a smile on the lips”.

This is the climate, from an eye by eye and tooth for tooth, created by Trump’s decisions. Meanwhile, they made the bags sink, first in the United States and today in the rest of the world. And Trump does not intend to stop here.

On March 12, the United States include 25% world rates on aluminum and steel imports. A move that, according to Trump, will make America “Ricco again”. On April 2, Trump will also impose rates on overseas agricultural products, even if it is not clear what products will be affected specifically and if there will be exceptions. Always for April 2, Trump has declared that he wanted to impose rates on the imports of foreign cars “in the order of 25%” the American president also ordered an investigation into copper imports and timber, without the times and methods of applying the duties on these materials have still been defined.

In short, as expected, the president who does not want to engage in military wars instead triggered a commercial war on all fronts. His intention, led by the “America First” mantra is to protect US companies, create new jobs and defend the country from the alleged invasion of Fenanyl. But now the risk is to have started an escalation of reprisals that risks damaging the consumers and even savers first of all, given the negative reaction of the bags.

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