Post by account_disabled on Mar 11, 2024 8:02:18 GMT
For weeks now, the president of the United States, Donald Trump, has talked about imposing 5% tariffs on all Mexican products because he considered that efforts to detain migrants were not redoubled.
In addition to Mexico, it would also do so for China, where France Mobile Number List tariffs were recently approved on more than 5 thousand products for an amount of 60 billion dollars.
This fact could be a determining factor that would create some annoyance between both countries, which is why a few days ago more than 500 United States companies sent a letter to the president in which they ask him to avoid a trade war with China and not to impose new tariffs. to the Asian country, a measure that, according to the signatories, would reduce the US GDP by 1% and cost more than two million jobs.
Stop tariffs; US companies ask Trump
The initiative is part of a campaign against the increase in tariffs that has been launched by more than 150 associations from various economic sectors in the US, including retail trade, industry, technology and agriculture.
More than 500 US companies sent a letter to the president asking him to avoid a trade war with China and not impose new tariffs.
Tweet this phrase.
The letter, signed by 661 entities, including 141 business associations and 520 companies. This list includes the distribution chains Walmart and Costco, and the fashion brands Levi Strauss and Gap.
Stop tariffs
The signatories made this decision given the possibility that the United States would impose additional tariffs of 25% on China on products valued at 300 billion dollars (266 billion euros), 60% of which are consumer goods.
According to the signed document, the imposition of new tariffs will have a "significant, negative and long-term" impact on the United States economy, both on businesses and families.
According to the signatories, tariffs "are not an effective tool" to change China's "unfair trade practices" because they fall directly on American companies.
The promoters of the initiative calculate that an additional increase in tariffs, added to those already applied, would mean the loss of more than two million jobs in the US and would cut the country's gross domestic product (GDP) by around 1 %. In addition, it would cost an average of 2,000 dollars (1,776 euros) for each family that lives in the country.
On May 20, a group of more than 170 companies, including multinationals Nike and Adidas, demanded that Trump remove footwear from the list of Chinese products whose imports could be affected by 25% tariffs.
Mexico thanks the people of the United States
President Andrés Manuel López Obrador said that he should be grateful to the people of the United States for expressing their support for our country in the face of threats from his counterpart, Trump, about imposing tariffs.
“There was that threat and an agreement was reached so that this measure of charging tariffs did not come into force. And the people of Mexico behaved very well, but not only the Mexicans, we also have to thank the people of the United States who were expressing their support for the people of Mexico . "
To avoid the imposition of tariffs on Mexican goods, Mexico agreed to deploy 6,000 members of the National Guard on the Southern border, house migrants who request asylum in the United States while they receive the response to their process, as well as help in strengthening and security of Central America.
«It was a very good agreement that was had with the United States government, with the government of President Trump. “We do not want to fight with the United States government.”
In addition to Mexico, it would also do so for China, where France Mobile Number List tariffs were recently approved on more than 5 thousand products for an amount of 60 billion dollars.
This fact could be a determining factor that would create some annoyance between both countries, which is why a few days ago more than 500 United States companies sent a letter to the president in which they ask him to avoid a trade war with China and not to impose new tariffs. to the Asian country, a measure that, according to the signatories, would reduce the US GDP by 1% and cost more than two million jobs.
Stop tariffs; US companies ask Trump
The initiative is part of a campaign against the increase in tariffs that has been launched by more than 150 associations from various economic sectors in the US, including retail trade, industry, technology and agriculture.
More than 500 US companies sent a letter to the president asking him to avoid a trade war with China and not impose new tariffs.
Tweet this phrase.
The letter, signed by 661 entities, including 141 business associations and 520 companies. This list includes the distribution chains Walmart and Costco, and the fashion brands Levi Strauss and Gap.
Stop tariffs
The signatories made this decision given the possibility that the United States would impose additional tariffs of 25% on China on products valued at 300 billion dollars (266 billion euros), 60% of which are consumer goods.
According to the signed document, the imposition of new tariffs will have a "significant, negative and long-term" impact on the United States economy, both on businesses and families.
According to the signatories, tariffs "are not an effective tool" to change China's "unfair trade practices" because they fall directly on American companies.
The promoters of the initiative calculate that an additional increase in tariffs, added to those already applied, would mean the loss of more than two million jobs in the US and would cut the country's gross domestic product (GDP) by around 1 %. In addition, it would cost an average of 2,000 dollars (1,776 euros) for each family that lives in the country.
On May 20, a group of more than 170 companies, including multinationals Nike and Adidas, demanded that Trump remove footwear from the list of Chinese products whose imports could be affected by 25% tariffs.
Mexico thanks the people of the United States
President Andrés Manuel López Obrador said that he should be grateful to the people of the United States for expressing their support for our country in the face of threats from his counterpart, Trump, about imposing tariffs.
“There was that threat and an agreement was reached so that this measure of charging tariffs did not come into force. And the people of Mexico behaved very well, but not only the Mexicans, we also have to thank the people of the United States who were expressing their support for the people of Mexico . "
To avoid the imposition of tariffs on Mexican goods, Mexico agreed to deploy 6,000 members of the National Guard on the Southern border, house migrants who request asylum in the United States while they receive the response to their process, as well as help in strengthening and security of Central America.
«It was a very good agreement that was had with the United States government, with the government of President Trump. “We do not want to fight with the United States government.”