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American Industries, Trade Groups and Consumers Buckle Up Following Opening Salvo Of Trump Tariffs, Trade War

American industries, profit organizations, and consumers have endured the influence of new tariffs on the Trump administration to three major trading opponents on Saturdays.

President Donald Trump announcement “25 % of additional tariffs on imports from Canada and Mexico and 10 % of imports on imports from China”, and the “National Emergency Sites”, which crossed illegal immigrants and borders. “The 10 % tariffs will be lower for energy resources from Canada,” said the Presidential Ordinance.

Mr. Trump said, “The tariffs will remain until the three countries stop illegal immigrants and keep the promise of toxic Fentanyl and other drugs from flowing into Japan.”

The White House has quoted the opinions of various experts who have encouraged local production to local production and encouraged the manufacturing resumes. In addition, Jannet Jeren, Secretary of Finance Biden, was quoted. Opinion of May 2024 At that time, President Joe Biden’s tariffs on China’s electric vehicles and semiconductors did not significantly increase the retail prices of American consumers.

Some US steel executives said that the tariffs imposed by the first Trump White House had increased their profits and have stated their support for Trump’s second terms of tariffs.

Josémuñoz of Hyundai Global CEO I said AXIOS on January 15, 2025 indicates that automakers’ $ 15 billion investments in the United States meant the increasing localization and wanted to be isolated from tariffs. Hyundai Motor’s affiliate Hyundaischeel stated on January 22 that it was comparing the construction of a steel factory with the United States because the announcement of the imminent tariff was drawn near Reuters. It has been reported。

Volkswagen, which has one of the largest factories in Mexico and created nearly 350,000 cars to export to the United States in 2023, is the most vulnerable among all German car manufacturers in accordance with tariffs. Reuters。 According to the report, automakers have reviewed the potential impact of tariffs on Mexico, saying that they want to avoid trade disputes.

Audi and Porsche, two Premium brands in Volkswagen, have never built a car in the United States, but are considering changing the fate in late January 2025. It has been reported。

Some other industries have also considered changing the production process prior to tariffs. Reuters。 (Related: “He has a political obligation”: The company is in a hurry to respond to Trump’s “beautiful” tariff hiking)

David French, Vice President of the US National Retards Federation (NRF) I said NRF supported Trump’s “strengthening trade relationships and creating a fair and advantageous term in the United States”, but tariffs are “steep” and “three closest trade partners”. I took into account the challenges of.

President and CEO of the American Petroleum Research Institute, Mike Somers, I said The US energy production and market are very integrated with Canada, Mexico and China’s energy production. He promised that “protecting consumers’ energy -affordable prices, expanding the advantages of national energy, and cooperating with the Trump administration in full exclusions that support US employment.”

John Murphy, Senior Vice President of the U.S. Chamber of Commerce, I said Trump was correct about the border and the Fentanyl crisis, but the emergency duties were “unprecedented, not solving these problems, simply raised the price of American families and overturned the supply chain.”

On the other hand, Canadian authorities, I hit it Customs duty imposes retaliation tariffs on various US consumer goods as “irrational and unreasonable”.

Canadian Prime Minister Justin Dordeau has declared that it has been on Saturday night in Canada.

“As with American tariffs, we have a wide range of ourselves, and includes everyday items such as American beer, wine, bourbon, orange juice, fruits, fruit, fruit, vegetables, perfume, clothing, and shoes. I will do it, “said Tordeau. “Contains major consumer products such as home appliances, furniture and sports equipment, and materials such as lumber and plastic.

https://www.youtube.com/watch?v=nlb46ar_o94

“If President Trump wants to guide us a new” Golden Age “in the United States, it is better to partner with Canada, not punishing us. This is the road. “

Mexico President Claudia Symbaum defendant According to her statement, “American weapons” sell weapons to “slander” white houses and cartels. “The problem is not solved by imposing tariffs,” she wrote. She and Canadian Prime Minister Justin Trudeau Discussed Customs duties and other problems.

In addition, “China will take measures necessary to mourn this movement, oppose, and protect legitimate rights and profits,” he said. I saidThe customs duties were “violated” [World Trade Organization] Rules and the United States should “correct the wrongdoing”.