On Friday White House confirmed that President Donald Trump This weekend will carry out tariffs in Mexico, Canada and China.
The spokesman Leavitt said that imports from Mexico and Canada will start Saturday, according to illegal fentan, allowed to distribute 10% of China's import tariffs, killing ten million Americans. “
Trump's proposed tariffs can handle food prices, experts say
“They are promised promises of the president's promises,” he said.
Comments After signing an order entitled “America's first trade policy” of government officials, our country's large and sustainable annual trade shortcomings, as well as our goods ” Economic and national security opportunitys. . . , “Said the order.
However, his last action against China is lower than its initial threats in his campaign. He imports from China to an additional 60% of 60%, along with the import of all foreign countries, in general, it has set up to 20% to 10%.
Trump tariffs will increase consumer prices: National Retail Federation
But Democrats and rivals claim that the price of tariffs will be simply Moved to American consumers. Over the past few months, several retailers have raised concerns about the prospects of tariffs to increase the costs of their products or even return the inventory.
For example, Dollar tree – Highly exposed to China – warned that if tariffs are applied, the company can change product details or sizes, and even very expensive, even carzing can stop.
A Walmart spokesman, in a statement to the FOX business, the company's “significant increase in the tariffs can lead to an increase in expenses for our customers when they feel the remains of inflation,” he said.
Meanwhile, Wall Street Titan Goldman Sachs also increased the concerns browsing the gathering on products.
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David French, Deputy President of the National Retail Federation, David French, USA “Needs to investigate our trade relations to ensure that our trade relations achieve fair, balanced and effective results.”
“Tariffs are taxes paid by Americans and any new tariff tax increase should be aimedically and effectively only the most strategic goods,” he said. “Trade priorities are an important step towards a strategic assessment.”
Fox News' Greg Norman contributed to this report.
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