US President-elect Donald Trump has once again made headlines with his latest announcement regarding new tariffs on imports from Mexico, Canada, and China. Trump’s decision to impose a 25% tariff on all imports from Mexico and Canada has raised concerns among experts and analysts.
In a press conference, Trump attributed the need for these tariffs to the lack of action from neighboring countries in preventing the flow of migrants and drugs into the United States. In addition to targeting Mexico and Canada, Trump also directed his attention towards China, urging the country to impose the death penalty for drug smugglers. He threatened to implement a 10% tariff on Chinese goods if his demands were not met.
However, data from the US government itself reveals that the majority of illegal drugs entering the country are smuggled by Americans at legal border crossings, casting doubt on the effectiveness of these tariffs in addressing the issue.
Experts like Claudia Schmucker from the German Council on Foreign Relations, Jacob Gunter from the Mercator Institute for China Studies, and Kate Ferguson from DW Business have weighed in on the potential impact of these tariffs on global trade relations.
As Trump’s term in office comes to a close, his decisions regarding trade and tariffs continue to be a point of contention and scrutiny. The repercussions of these latest tariffs on Mexico, Canada, and China remain uncertain, leaving many to question the rationale behind Trump’s actions.
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Video “What's Trump's idea with new tariffs on several countries? | DW News” was uploaded on 11/26/2024 to Youtube Channel DW News