President Donald Trump will take rates on neighboring Canada and Mexico tomorrow, Pers Secretary Caroline Leavitt of the White House told reporters – with an extra rate on China.
“From tomorrow, those rates will be in place,” Leavitt said reporters during her second press briefing in the White House.
She depicted a reporter that Trump would let himself wiggle himself by imposing the rates, but not to come into force until the course of 1 March.
“I saw that report and it's incorrect,” she said.
'I was just with the president in the Oval Office, and I can confirm that tomorrow, the deadline of February 1 of February 1, that President Trump established that a statement will take place a few weeks ago, the president will implement a rates of 25% tomorrow About Mexico, 25% rates on Canada, and a rate of 10% on China for the illegal fentanyl that they have bought and can spread to our country, who killed tens of millions of Americans. '
She called the promises of the rates and promises of the president. '
“From tomorrow, those rates will be in place,” said Karoline Leavitt Secretary of the White House Press
She wiped the concern that the rates could exercise inflation for Americans who have finally seen prices fall and whether Trump would turn them in in that case.
“That is a hypothetical question, and the president is planning to ensure that he effectively implements the rates and lowers inflation and costs for the American people,” she said.
She spoke hours after Trump said again that the US does not need Canadian exports, such as wood or cars that produce American companies across the border.
Trump said on Thursday that he would meet his advisers to decide whether the rates would apply to oil – which influence products across the board.
“For me, oil will have nothing to do with it,” Trump said when he was questioned about it.
'We will probably take that determination on oil tonight. Because they send us oil, we will see – it depends on what their price is. '
Trump campaigned on the rates as a way to stimulate American production and to prevent the country from being 'stolen' by other nations.
But according to an analysis of the Peterson Foundation, the rates' would slow down growth and accelerate inflation in all three countries in North America.
'For the duration of the second Trump administration, the American GDP would be about $ 200 billion lower than it would have been without the rates. Canada would lose $ 100 billion from a much smaller economy, and at its peak the rate would lower the size of the Mexican economy by 2 percent compared to the baseline prediction, “the group discovered.
On Thursday evening, Trump attributed the rates to transnational challenges that the US and other countries are confronted with: illegal immigration and the flow of illegal drugs.
He said he imposed them for a number of reasons and said that they “can rise or not with time,” indicating that the figures of 25% and 10% can be a floor.
'No. 1 are the people who have collapsed so terribly and so much our country, “he said. 'No. 2 is the drugs fentanyl and everything else that the country has entered, and no. 3 are the massive subsidies that we give to Canada and Mexico in the form of deficits' – in a reference to a trade ethic.