If President Donald Trump believes that Mexico and Canada damage US national security by not helping us with the border enough to prevent illegal passages and the influx of fentanyl and other drugs, or not to help us Defeat Mexican cartels – So I think it is absolutely fair to use your difficult price diplomacy by Gify 25% prices on both countries.
And this includes the increase in 10% prices on China, which provides the fentanyl medication components which are then made in Mexico and sent through the American line. China also reverses the USMCA North American free trade deal By building plants in Mexico, then throwing cheap cars in the United States, without joining the American domestic content and other rules.
With the announcement of today of the secretary to the press Karoline Leavitt that President Trump has decided and will impose these prices tomorrow, it is very clear that it is the conclusion of the president.
Whether he has specific measures to the spirit concerning illegal borders or drugs, or sexual traffic, remains to be seen. It remains to be seen if he engages in additional negotiations with Canada and Mexico.
But he established the law. Prices are a legitimate tool to engage in national security policy as well as economic policy.
Presumably, if Mexico and Canada meet the requirements of Mr. Trump, prices could be lifted. But we don’t know it. And we are expecting a kind of declaration from the president himself, perhaps tonight or tomorrow.
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By the way, Mexico’s links with China have become a major problem. Mexican imports from China have increased by 50% in the past 5 years. And Chinese investment in Mexico is up of the same 50%. USMCA rules must be modified to place explicit limitations for Chinese content.
Currently, the United States manages a trade deficit of $ 170 billion with Mexico, supported in many product groups.
Canada is another story. The United States manages a trade deficit of 60 to 70 billion dollars with them, but if the energy is removed, we have a surplus with Canada – including automobile and manufactured products. 60% of American oil imports come from Canada.
But Canadian oil companies offer us a 20% discount because their heavy gross must be refined in fuel and diesel fuel. As some oil experts point out, a price of 25% eliminates the 20% discount. And they fear that Fuel price in the Midwest And northern states could jump from 40 to 75 cents. Thus, the petroleum industry hopes for a 25%walking rate.
On the new prices announced by Ms. Leavitt, the Dow Jones fell by 330 points. Wall Street continues to believe that prices are inflationists.
As I have already suggested, they are not.
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Of course, there could be minor product price increases. But exporters in the United States will endure 50% or more from the increase rate by lowering their prices in order to sell to American consumers and businesses. It was our experience with China during Trump’s first term.
The only way in which inflation will resume in a sustained way is that the federal reserve maintains the printing presses wide open.
In the social post of Trump’s truth on Wednesday, he criticized the Fed for Do not stop the huge Bidenflation This has ruined the affordability of blue passes with a 20% increase in prices in the past four years.
But Mr. Trump’s economic program of lower tax rate, deregulation, release of energy production, significant reductions in federal expenses and DC bureaucracy, is itself deeply counter-inflationary and pro- growth. This is why inflation is not the problem.
And, yesterday, Trump posted on Truth Social that he will not tolerate any replacement of the powerful US dollar in international trade. He threatened 100% prices on so-called BRICS Country – Brazil, Russia, India, China and South Africa. King Dollar is also a counter-inflationist.
Instead, Mr. Trump’s tariff diplomacy aims to protect the national security of America – and its economic security.
And he insists … that America passes first.
