Donald Trump has classified the implementation of retaliatory tariffs such as “American Liberation Day” and named the ceremony-scheduled for Wednesday (2)-“Do America Rica again.”
The event will occupy the White House Roseiral, an outdoor area used for state announcements.
Trump will only disclose the details of the rates on Wednesday, after the end of the trading session on the New York Stock Exchange. Still, the implementation of barriers will be immediate.
“Certainly the president is always willing to answer a phone call. Always willing to a good negotiation. But he is very focused on fixing past errors and showing American workers that we have a fair portion,” said White House spokesman Karoline Leavitt.
The leading US business partners have already anticipated the announcement and threatened to harden borders against US products.
Canada and Mexico together announced a statement stating that they would impose fares against what they called “commercial injustices.”
“As I also mentioned to the president, and I was very clear, we will respond to additional measures. So we will put into practice retaliatory measures if there are additional measures imposed against Canada tomorrow,” said Canada Prime Minister Mark Carney.
The president of the European Commission, on the other hand, said the bloc is open to negotiation, but will not hesitate to climb the trade war if necessary. And Chinese Minister Wang Wentao said on Tuesday that the trade war is not interested in any of the two largest economies on the planet.
This content was originally published in global leaders react to Trump’s tariff threats on CNN Brazil.
Source: CNN Brasil
Bruce Belcher is a seasoned author with over 5 years of experience in world news. He writes for online news websites and provides in-depth analysis on the world stock market. Bruce is known for his insightful perspectives and commitment to keeping the public informed.
