President Donald Trump announced a plan to implement 10 percent baseline tariff on all imports in the United States, as well as with high duties on selected major business partners. This step is going on Trade war Which started after his return white House,
According to the White House Fact Sheet, the new 10 percent of the global tariffs will not apply to Canada and Mexico items. However, existing tariffs – reaching 25 percent – Border security and concerns over the smuggling will remain in place on many imports of those nations.
As Trump announced his ‘Liberation Day’ tariff, the world leaders rapidly reacted to the move that hit the markets.
Canadian PM Mark Carney said, “We are going to protect our workers”.
“(Trump) has preserved many important elements of our relationships, business relations between Canada and the United States. But Phentineile tariffs still remain, as tariffs for steel and aluminum.”
“We’re going to fight these tariffs with counterers, we are going to protect our workers, and we’re going to build the strongest economy in G7.”
Australian PM Anthony Albanis said: “These are American people who will pay the biggest price for these unfair tariffs. That is why our government will not demand to implement mutual tariffs. We will not join the race below which leads to high prices and slow rise.”
The Spanish PM stated that Spain “would protect companies and workers and will be committed to an open world”.
Irish PM Mitchell Martin said, “Tonight the decision of the US to impose 20 percent tariff on imports in the European Union is deeply regrettable.
Italian PM Georgia Meloni said that he would do everything to “avoid a business war” with the US.
“We will do everything to work with the United States to work towards an agreement, with the goal of avoiding a business war that will compulsorily weaken the West in favor of other global players.”
