Scott’s Import says tariffs on Trump will not lead to an increase in inflation

Finance Minister Scott Igred said on Sunday that the president Donald Trump The offered tariffs are unlikely to increase inflation, partly because China “will eat any goals.”

The incoming comments come just two days before the tariffs are planned to come into force. Trump Is expected to be picked up 25% of Imports from Mexico and Canada. The president also announced that the United States would introduce an additional 10% duty on Chinese imports, except 10% of the tariffs, which he charged in the country on February 4.

Some economists caused concern About the possibility that tariffs can lead to an increase in inflation and Keep interest rates elevated in 2026.

In an interview with CBS “will face the” Import “nation, which can be influenced by the average household.

“Well, we don’t know yet because it depends on the way, but I can tell you that I am not worried about China,” said the infant. “China will pay for tariffs as their business model exports its way from this inflation.”

“They will eat any tariffs that are ongoing,” the infamous added.

Ministry of Commerce in China Said on Friday that he “firmly opposed” Trump’s last campaign and promising to avenge as needed. After the United States introduced the initial round of tariffs, China raised duties on certain US energy imports and added two US companies to the list of unreliable organizations. Experts suggested that China could take similar measures again after adding fresh tariffs.

“When the US insists in its own way, China will take all the necessary confrontation measures to defend its legal rights and interests,” the Ministry of Commerce’s press secretary said earlier.

Send was asked on Sunday about about Its comments last week What Mexico suggested comparing tariffs in the US in China to avoid Trump’s tariff strikes. He also urged Canada to monitor Mexico’s proposal.

“We’ll see. The Mexican leadership suggested to do it,” said the insurrents. “We didn’t hear from the Canadians, but I think it would be a very good start.”

He added that the ads from the countries could come on Tuesday, “or perhaps the tariff wall rises, and then we see what happens from there.”

See: China promises to avenge as needed after Trump threatens tariff hiking