Trump says 25% tariffs on Mexico and Canada may not include oil

Donald Trump He confirmed that he will impose 25 % definitions on imports from Mexico and Canada from February, follow -up Threats issued weeks ago.

The battle tariff will enter the products of countries on Saturday, February 1.

However, in his conversation with the correspondents at the Oval Office on Thursday evening, Trump told the correspondents that his administration has not yet determined whether the oil imports will be included in politics, noting that the decision was installed on whether the two countries were “dealing correctly” and ” If the oil is properly priced. “

“Oil will not have anything to do with it as much as I am concerned,” he said. “We will likely clarify this design tonight on oil. Because they send us oil, we will see – this depends on its price.”

Contracts march for Brent crude – The global standard for oil prices was marginally higher at 8:06 am London time, as it was circulated by about $ 76.92 a barrel.

Trump told reporters that the duties looming on the horizon are used for “several reasons” and “may rise or not rise over time.”

“No. 1 is the people who poured into our country very terrible and much,” he said. “No. 2 is the drug of fentanel and everything else has arrived in the country, and No. 3 is the tremendous subsidies that we provide to Canada and Mexico in the form of a deficit.”

“I will put a 25 % tariff on Canada and 25 % separately on Mexico, and we will really have to do this because we have a very large deficit in those countries,” he added.

“If there is an American tariff, Mexico will raise a tariff.” He said at a press conference last weekAccording to news agency, Reuters, adding that this will lead to a high prices for American consumers.

Mexico and Canada are the United States The largest commercial partners. In 2020, during his first term in his post, Trump replaced the three -term free trade agreement of North America, or the Convention on the United States of America and Cananga, or USMCA, which was described at that time as A better deal for American companies.

On Friday, Shinbom told correspondents that Mexico would wait for a cold head “before making any decisions on how to respond to the Trump tariff system.

Reuters said: “We will always defend the dignity of our people, respect our sovereignty and dialogue on an equal footing.” “We are ready, and we keep this dialogue.”

Speaking of cnbc’s “Screaming” Earlier this month“Everything on the table” said when it comes to responding to the US tariff, and refused to exclude export taxes on energy exports to the United States.

“If you are going to put a customs tariff on Canada, what you’ll do really is to make things more expensive for Americans,” she said.

There are also fears that the definitions will strike consumers in Canada and Mexico. Earlier this week, For example, the policymakers of the Canada Bank warned Such measures by the United States can create constant inflation in the country.

both of them Mexican Peso and Canadian dollar It rose against the US dollar on Friday morning, and the losses that were seen overnight.

Peso rose 0.3 % at 8:18 am London time, while the Canadian dollar gained 0.2 % against Greenback.

Carl Winberg, founder of the high frequency economy, told CNBC’s.Squawk Box EurobeOn Friday, “the numbers are large” when it comes to potential economic side damage.

“We have about a trillion dollars of trade in round numbers worth [U.S.] He said: “The imports from Mexico and Canada combined,” twenty -five percent of a trillion dollars is $ 250 billion, and this will come out of the American economy to pay these definitions. “

He said this equivalent to about $ 21 billion a month.

“This will be an additional advantage to drop the deficit, and this is the good news here – but it will come out of the pockets of people,” CNBC told CNBC.

“This will affect February and March in this quarter, then in all the next quarter,” Winberg said. “We will get a success of about six tenths through the growth of GDP in the first quarter, then the last tenth of the second in the second quarter.”