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American tariffs against Canada and Mexico will enter into force on Tuesday, but Donald Trump will decide his level, said United States Secretary of Commerce.
The president of the United States has threatened to impose 25%tariffs, which are an import tax, on its two neighbors on March 4, in response to what he says is an unacceptable flow of illegal and migrant drugs in the United States.
The Secretary of Commerce, Howard Lutnick, said on Sunday that tariffs will happen as planned, but the exact details will depend on the negotiations.
A 10% tariff on Chinese imports is also expected to be implemented in response to the accusations of the United States that Beijing is not doing enough to stop the flow of fentanyl in the United States.
This means that if Chinese exports to the United States will face a tax of at least 20%, after a 10% rate that entered into force a month ago.
The leaders of the Chinese state media in Beijing have prepared a series of countermeasures to occur the same day, which increases the possibility of a total commercial war between the two main economies of the world.
The Global Times newspaper administered by China said that the countermeasures will probably go to agricultural and food products from the United States.
Analysts believe that Beijing still hopes to avoid a total commercial war and negotiate a truce with the Trump administration, but so far there have been signs of an agreement between the two economic giants.
Trump has long maintained that tariffs are a useful tool to correct commercial imbalances and protect us from the manufacture of the United States.
Speaking on Sunday morning Futures in Fox News, the secretary of Commerce Lutnick said: “There will be tariffs on Tuesday in Mexico and Canada. Exactly what they are, we are going to leave that for the president and his team to negotiate.”
Canada has repeatedly said that tariffs will damage both economies, but added that they will defend themselves.
Canadian domestic minister Anita Anand met with officials in Washington in recent days and said that during the weekend there will be an answer.
“We are stable at the wheel. We are prepared for any eventuality, but at every step we will defend the economy of our country”, ” She told CBC News.
Last month, Canada had prepared a list of $ 30 billion (£ 23.6 billion) of American goods that said it would impose in response to US tariffs. Articles on that list included everyday products such as pasta, clothing and perfume.
The Canada Border Services Agency (CBSA) says that it has been “increasing” its efforts to address the intersection of fentanyl in the United States.
It is believed that only 1% of the fentanyl seized in the United States comes from Canada, according to US data.
Canadian Prime Minister Justin Trudeau, said on Sunday, of a Ukraine summit in London, which Canada “is not a problem” as a source of illegal fentanyl in the United States.
The president of Mexico, Claudia Sheinbaum, seemed to send a message to Trump after Lutnick’s interview when she said in a public event in the city of Colima that “Mexico has to be respected.”
“Cooperation (y) coordination, yes, subordination, never.”
President Trump has also announced a 25% position on all imports of steel and aluminum, which must enter into force on March 12.
In addition, he has threatened to impose “reciprocal” tariffs sewing individual countries, as well as 25% of tariffs on the European Union.
