The American president said in a position on the platform of truth on the platform of truth.
“The press conference on mutual definitions today, 1:00 pm, the Oval Office. Make America great again !!!” Trump said in the position.
He published earlier in the day, saying it would be “big.”
“Three wonderful weeks, and perhaps the best ever, but today it is the big: mutual definitions !!! Make America great again !!!”
On Monday, Trump signed a pair of executive orders that will impose 25 percent of the tariffs on foreign steel and aluminum on March 12, with no exceptions or exemptions.
It is a big deal. This is the beginning of making America rich again, ”Trump said as he signed orders in the Oval Office.
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This step has sparked widespread condemnation of some of the closest commercial partners in the United States, including Canada.
What are the mutual definitions?
After weeks of focusing on revenge definitions, many may ask about the meaning of the “mutual” term.
Trump did not specify in detail how to define the term.
There is still uncertainty about whether his order will only apply to identical tariffs or other foreign taxes that are seen as a barrier to exporting American goods.
In general, it appears that the mutual tariffs aim to match the value or the spirit of any tariff by other countries on American products.
This differs from what has become known in the Canadian context as a retaliatory tariff, which was used when discussing a response to the new definitions imposed by the United States in Canada.
For example, Canada does not have a comprehensive tariff for American goods. If Trump continues his threat to impose these 25 percent definitions next month, these definitions that sweep us will not be the reciprocity, because Canada does not have any matching already.
Canada has a ready -made list of revenge definitions that the government will impose in a direct response if that happens, which Trudeau said is designed to attach pain in American consumers while reducing pain on Canadians.
– With files from the Associated Press
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