Trump: Customs duties on Canada and Mexico can rise over time

US President Donald Trump said customs duties on Mexico and Canada could rise to more than 25% he introduced earlier this week, increasing the uncertainty over commercial policies that made the markets disappear and kept companies in a state of anticipation. Trump’s remarks come in an interview that was broadcast on Friday, a day after his suspension of these drawings until April 2, on Mexican and Canadian goods covered by the trade agreement between the United States, Mexico and Canada (USMCA), which he negotiated during its first term, in a move that the most important trading partners gave in Washington. In response to a question from the introduction to the “Fox Business” program, Maria Barteromo, or companies will get more clarity on his commercial strategy, Trump said: “I think so, but as you know, customs duties can rise over time and can increase, and I don’t know if it’s a viable thing.” The pressure with customs duties and taxes was to impose these fees on Canada and Mexico earlier this week, as well as to double the tax that China imposed up to 20%, he said he was aimed at pushing the countries to make more efforts to stop the flow of illegal drugs and irregular migrants over the US border. But after a sale wave in the markets, and amid criticism of some Republicans and leaders of car and agricultural industries who expressed concern about the economic consequences of the largest customs increase in the United States for a century, Trump signed Thursday’s orders to postpone customs duties. 2, everything will become mutual.