Peter Hoskins
Business reporter
US President Donald Trump volition enforce tariffs connected Saturday of 25% connected Mexico, 25% connected Canada and 10% connected China connected 1 February, says the White House.
But Trump said connected Friday that Canadian lipid would beryllium deed with little tariffs of 10%, which could instrumentality effect later, connected 18 February.
The president besides said helium planned to enforce tariffs connected the European Union successful the future, saying the bloc had not treated the US well.
White House property caput Karoline Leavitt said the Canada and Mexico duties were successful effect to "the amerciable fentanyl that they person sourced and allowed to administer into our country, which has killed 10s of millions of Americans".
Trump has besides repeatedly said the determination was to code the ample amounts of undocumented migrants that person travel crossed US borders arsenic good arsenic commercialized deficits with its neighbours.
Ms Leavitt told a quality briefing astatine the White House connected Friday: "These are promises made and promises kept by the President."
During the predetermination campaign, Trump threatened to deed Chinese-made products with tariffs of up to 60%, but held disconnected connected immoderate contiguous enactment connected his archetypal time backmost successful the White House, alternatively ordering his medication to survey the issue.
US goods imports from China person flattened since 2018, a statistic that economists person attributed successful portion to a bid of escalating tariffs that Trump imposed during his archetypal term.
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Earlier this month, a apical Chinese authoritative warned against protectionism arsenic Trump's instrumentality to the presidency renews the menace of a commercialized warfare betwixt the world's 2 biggest economies - but did not notation the US by name.
Addressing the World Economic Forum successful Davos, Switzerland, Ding Xuexiang, Vice Premier of China, said his state was looking for a "win-win" solution to commercialized tensions and wanted to grow its imports.
China, Canada and Mexico are the apical US trading partners, accounting for 40% of the goods imported into the US past year, and fears are rising that the caller steep levies could footwear disconnected a large commercialized warfare arsenic good arsenic propulsion up prices successful the US.
Canadian Prime Minister Justin Trudeau said connected Friday: "It's not what we want, but if helium moves forward, we volition besides act."
Canada and Mexico person already said that they would respond to US tariffs with measures of their own, portion besides seeking to guarantee Washington that they were taking enactment to code concerns astir their US borders.
The BBC has reached retired to the Chinese embassy successful the US for comment.
If US imports of lipid from Canada and Mexico are deed with levies it risks undermining Trump's committedness to bring down the outgo of living.
Tariffs are an import taxation connected goods that are produced abroad.
In theory, taxing items coming into a state means radical are little apt to bargain them arsenic they go much expensive.
The volition is that they bargain cheaper section products alternatively - boosting a country's economy.
But the outgo of tariffs connected imported vigor could beryllium passed connected to businesses and consumers, which whitethorn summation the prices of everything from petrol to groceries.
On Friday, Trump agreed tariff costs are sometimes passed on to consumers and that his plans whitethorn origin disruption successful the short-term.
Around 40% of the crude that runs done US lipid refineries is imported, and the immense bulk of it comes from Canada.