Tariffs on Canada, Mexico Coming on Saturday, Says Donald Trump, Weighs Including Oil to List – Amar Ujala Hindi News Live

US President Donald Trump will impose increased tariffs on Canada and Mexico from Saturday. Trump announced that the US is going to impose 25 % tariffs on its two neighboring countries Canada and Mexico from 1 February. He also said that we are also considering a similar stand against China. Trump said that he would decide on Thursday night whether oil should be included in the list of tariffs.

The President told reporters at the Oval Office of the White House on Thursday that we would announce tariffs on Canada and Mexico for several reasons. He referred to illegal immigration, drug trafficking as causes of tariffs. Apart from this, he also cited Canada and Mexico the reason for increasing the tariff to the huge subsidy given by the US. Trump described these subsidies as a loss deal.

The President said, ‘I will impose 25 per cent tariffs on Canada and 25 per cent on Mexico. We really have to do this, because we are suffering a lot due to those countries. Over time, these tariffs can increase or not. In response to a question, Trump said that he would decide on Thursday night whether oil should be included in the items under the tariff or not.