Biden criticizes Trump's proposed import tax on Canada and Mexico as counterproductive

news.yahoo.com

President Biden criticized former President Trump's plan to impose a 25% tax on imports from Mexico and Canada, calling it "counterproductive." He expressed hope that Trump would reconsider the proposal, emphasizing the importance of maintaining good relations with neighboring countries. Trump announced his intention to implement this tax through an executive order if Mexico and Canada do not address issues related to drugs and migration. He also threatened to increase tariffs on Chinese goods by 10%. Biden highlighted the need for a smooth transition and mentioned ongoing efforts to maintain stable U.S.-China relations. He noted recent communications with Chinese leader Xi Jinping, aiming to prevent misunderstandings between the two nations.


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