Causty will win retalids from tariffs on Trump in Canada and Mexico

US President Donald Trump has said he temporarily faces car manufacturers from a new 25% import tax, introduced into Canada and Mexico, only a day after the tariffs came into force.

The White House announcement even happened when Trump continued to explode Canada for not doing enough to stop entering the United States.

“Nothing convinced me that he stopped,” Trump wrote in social media After the phone call with Canada Prime Minister Justin Trudu, the economic breakdowns caused by new trade tariffs.

News for help help raise US stocks that closed above After two days of the decrease, the S&P 500 received from the November presidential election.

The release of tariffs is intended for cars made in North America, which correspond to the existing contract of free trade of the continent.

This transaction, which was agreed by Trump during its first term, determines the rules of how much car should be made in each country to get the right to treatment without duties.

White House spokeswoman Carolyn Levit said Trump supported one month’s release from the Ford, General Motors and Stellantis, which have supplies that stretch all over North America.

According to S&P Global Mobility analysts, they were ready to disrupt a third of car production in North America used by tax used as the goods entered the country – were ready to thwart a third of car production in North America.

After the announcement of the stock, the Ford increased by more than 5%, and the General Motors shares increased more than 7%. Stellantis’s stock in the US has increased by more than 9%.

“The president is open to hear about additional exceptions,” Ms. Levit added. “He always has an open dialogue, and he will always do what he thinks is right for the American people.”

In his statement, Ford said the company would continue a “healthy and open dialogue with the administration” and advertised its billions in the US.

The billions worth of goods cross the US, Canada and Mexico every day, and their economies are deeply integrated.

The Canadian Trade House warned that the availability would be hurt and business relations will be affected, despite the chances of purposeful assistance.

“We have seen this movie before. President Trump puts tariffs in place, and then take off one by one,” said Matthew Holmes, head of the organization’s state policy. “It’s not like a long trade alliance built.”

The Prime Minister of the Ontario Doug Ford told Canadian media that one monthly rebuff for automakers would not change his plans for revenge, which have already been included in the sale of alcohol in the province.

Trump’s transitions and his threats impose “back” tariffs on the world, caused fear of a broad trade war.

As in Mexico and Canada, he got into goods from China on Tuesday with an additional tariff, raising flights to 20% and forcing the country to avenge US exports, including agricultural products.

Canada also responded with her own by -handeds to US goods after 25% of Washington’s two neighbors came into force on Tuesday, affecting the items, including peanuts, oranges and wine.

Mexico also said it would respond, including its tariffs.

“I don’t know where we are going with it and how it ends. I just hope it will end soon,” said Iowa -fermer Bob Hamsat, President of the Farmers Farmers Board for Free Trade, which caused concern about tariffs.

Large retailers in the US already warn that measures will increase prices for goods such as avocado within days, while economists predict economic recesses in Mexico and Canada caused by tariffs.

Trump acknowledged that his steps could lead to short -term economic pain in the United States, but said he wants to defend the US industry and increase production.

This week he made tariffs against goods from two neighbors of America, as well as in China, as a response to the flow of migrants and fentanyl across the border.

Writing on social media on Wednesday, Trump said he said Trudu that the situation was not improving.

“He said everything got better, but I said, ‘It’s not good,’ Trump said.

Trudu called Trump’s demands on drugs “completely false” the justification of tariffs for his country.

White House representatives said Trump still intends to move forward on April 2 with plans for mutual tariffs in other countries he sees as unfair to the United States.

“There will be tariffs – let’s be clear – but about what he thinks is about what sections of the market, which may consider them a relief while we are, of course, on April 2,” said the secretary of trade Howard Lutnitsa in Bloomberg on Wednesday.