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Democratic legislators claim that the President Donald TrumpThe impending tax on international assets will increase costs, despite the years of spending by diverting the fault of the high prices of the Biden administration.
Trump signed an executive order on Saturday night to impose a 25% rate on Mexico and Canada’s imports and a 10% tax on all imports in China, fulfilling a promise he made during his presidential campaign. 2024 as a way to prevent drug trafficking in the United States.
The rates in Canada and China will take effect at midnight, but Trump announced on Monday that stopping the rate in Mexico for a month after discussions with President Claudia Sheinbaum. However, as the tariffs come off, Democrats claim The invoices could be increased for the North -Americans, despite supporting various tax hikes under the Biden administration.
“This is a terrible idea,” said Senator Mark Kelly, D-Ariz. “People are already struggling to move on due to high prices, and now President Trump is about to increase grocery prices and gas as they increase the costs of Arizona companies.”
Trump defends the rates, accuses Canada of being “very abusive of the United States”: video
Senator Chuck Schumer, Dn.y., criticized the order of President Donald Trump for tariff Mexico, Canada and China. (J. Scott AppleWhite)
Senator Mark Warner, D-VA.
Trump’s rates in Mexico, Canada are the “beginning of a negotiation”, says Kevin O’Larery
In addition, the Democratic representative Greg Stanton de Arizona brought a letter with 42 legislators who asked Trump to “immediately terminate the 25% rates in Mexico and Canada.
“Trump’s rates in Canada will do nothing but prejudice American workers and automobile manufacturers. He is giving our competitors abroad a game,” said Senator Gary Peters, D-Mich.
Representative Jamie Raskin, D-MD., Said that “President Trump owns the fall in economic and national security.” (Kevin Dietsch)
“It would be nice if Donald Trump could start focusing on reducing prices instead of raising them,” wrote Senator Chuck Schumer, Dn.y. “I am worried that these new rates will increase the costs for North -Americans. We should focus on advancing against the playing competitors, such as China, instead of attacking our allies.”
Although the Democrats are united to criticize Trump’s rates, party members did not promote tax increases implemented by former President Joe Biden.
During their administration, Democrats supported Biden’s proposals for a series of Increased taxIncluding excursions on small businesses, corporations, capital gains and dividends, personal income, energy and a second real estate tax.
President Donald Trump said Canada has been “abusive” to the United States in terms of trade. (Getty’s pictures)
When gas prices doubled under Biden, according to data from the energy information administration, Schumer, then the leader of the most heard, said that oil companies “made us” bomb “those that had to be blame.
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Despite the reaction, Trump has defended His decision to authorize the rates, telling journalists on Sunday night that Canada has been “abusive” to the United States in terms of trade.
