Trump says that the United States will impose an additional 10% rate to China

Donald Trump said he planned to hit goods from China with another 10% increase in tariffs, the last rescue in the constant commercial fights of the president of the United States.

China imports already face rates of at least 10%, after a Trump order that entered into force earlier this month.

Trump also said he intended to advance with a 25% threatened tax in imports from Canada and Mexico, which will come into force on March 4.

The president of the United States previously announced 25% tasks in the country’s residents, but suspended the measures at the last moment after countries agreed to increase the financing of border security and talk more about how to combat drug trafficking.

Officials from Mexico and Canada are in Washington this week while trying to avoid measures.

“As we know, (Trump) has his way of communicating,” said Mexican president Claudia Sheinbaum at a press conference from the country’s National Palace. “I hope we can reach an agreement and on March 4 we can announce something more.”

Trump’s threats against the two countries have caused a generalized alarm, since the US economy is closely connected after decades of operating under a free trade agreement.

The leaders of Mexico and Canada have said previously that they would impose retaliation rates to the United States if the White House continue with the proposal.

In social networks, Trump wrote that he did not believe that enough measures would have been taken to address the flow of fentanyl to the United States, and that Canada, Mexico and China had to blame.

“Drugs are still arriving in our country from Mexico and Canada at very high and unacceptable levels,” he wrote, added that “a large percentage” of drugs were made in China.

Liu Pengyu, spokesman for the Chinese embassy, ​​said that his country was already working with the US. Uu. To address concerns about fentanyl, and had made “visual progress” in areas such as information exchange, cases cooperation and cleaning online ads.

“Reducing domestic drug demand and strengthening the cooperation of the application of the law are fundamental solutions,” he said in a statement, which warned that Trump’s tariff movements were “forced to affect and undermine the future cooperation of counterincochotic between the two parties.”

“Unilateral rates imposed by the United States will not solve their own problems, nor will they benefit both parties or the world.”

China, Mexico and Canada are the three main shopping partners in the United States, which represent more than 40% of imports in the United States last year.

During the presidential campaign last year, Trump had threatened to hit China imports with tariffs up to 60%, and also floated a general rate of at least 10%.

Tariffs are a tax raised by the Government and paid by the company that brings the assets to the country.

Economists have warned that they could lead to higher prices in the United States, from iPhones to avocados.

Recent consumer’s feeling surveys suggest that concerns about measures have affected consumer confidence and contributed to concerns about life costs.

Trump’s commercial movements have also been added to the nerves in financial markets, despite the significant uncertainty about whether Trump is prepared to carry out their threats.

The three indices of main shares in the United States changed little on Thursday.

The impact of tariffs is expected to enter into force, feel more in Canadian and Mexican economies.

But analysts have warned that the threat of tariffs, even if they never enter into force, it is likely to have a chilling effect on investment, even in the United States.

China has already responded to the first round of tariffs in the United States with its own tariffs on US products, including coal and agricultural machinery.

Trump has ruled out fears about damage to the US economy.

“We are the gold pot. We are the one they all want,” he told reporters on Wednesday.