Trump opens customs hell: Consequences for Mexico, Canada and China!

Trump opens customs hell: Consequences for Mexico, Canada and China!

Calculate trade conflicts: US President Donald Trump sets a clear sign and imposes drastic tariffs on goods from Mexico, Canada and China. As the White House announced, all imported products from China have to expect an additional set of ten percent, while imports from Mexico and Canada are loaded with a whopping 25 percent. These measures, which came into force on February 1, 2025, aim to better protect the United States from commercial preservation weights and illegal immigration. Nevertheless, the possible consequences are extensive.

While Trump ordered these measures on the Truth platform Truth Social, the immediate reactions of the affected countries did not come out of the blue. Mexico and Canada have already threatened to react with their own tariffs that could have dramatic effects on the trade relationships between the countries. As tagesschau.de , this could harm both economies, as over 80 percent of Mexicos exports to the USA. The focus is particularly on the automotive industry, since many European companies use production facilities in Mexico - including large names such as VW, Audi and BMW. Experts warn that the new tariffs could significantly endanger the profitability of these companies.

reactions and impending trade wars

The Chinese economy will also be severely affected because the US market is of the utmost importance for many Chinese companies. According to vienna.at , Beijing assumes increased price pollution for American consumers and is already considering retaliation measures. The new tariffs could also continue to burden the relationships between the USA and the EU, since Trump has announced that European products could also be under tariff in order to combat the trade deficit. The EU Commission already warned of the major economic disorders and the possible increase in inflation that this customs policy brings.

In order to enforce these far -reaching measures, Trump has proclaimed the national emergency, which gives it to him immediately and without exceptions. Experts predict the loss of jobs and ongoing economic uncertainties in both the United States and in neighboring countries. The immediate economic consequences of this customs policy will be expected in the next few months, while the countries concerned will try to assert themselves in this new trade environment.