The editorial committee of the Wall Street Journal has released a punchy one Saturday OP-ED It lists all reasons for the failure of President Trump's tariff plan and decreases the trend of negligence in the signed after sanctions.
Saturday Trump imposed a considerable tariff on Canada, Mexico and China, promoting potential trade wars.
“The tariffs on imports from Canada, Mexico, and China are signed!” Harrison Fields, a spokesman of the White House, was posted on X.
“It is meaningless to leave China aside and Trump's justifying the economic attack on neighbors,” wrote.
The writer challenged the idea that the out -of -law pricing of imports and exports would encourage nearby governments to stop the flow of illegal drugs.
“The White House spokeswoman, Caroline Ribit, said that illegal drugs were able to pour into the United States.” But the drug has been flowing into the United States for decades, and as long as the Americans continue to use them, they will continue. “
“Neither country cannot stop it.”
The Board has denied the concept that increasing the cost of business transactions between borders leads to a fulfilling economy.
“Mr., Trump may sound that the United States should not import anything. This is called Autarky, and in the world where we live, so that Trump may find it immediately. They are not the world we want to live in. “
“Because the supply chains of three countries are very integrated, we will take the US car industry. This is really the North American industry. In 2024, Canada was about 13 % of US car parts and Mexico imports. Supplies are supplied by the industry, according to the vehicles that are made on the continent, depending on the vehicles that cross the borders in order to add components and add value in the most cost -effective way. “He added.
“And everyone is making a profit.”
The Board claimed that the automotive industry, agricultural products, and oil would suffer from the president's new policy.
“This is unlikely to happen under the trade agreement between the United States and Canada, which Mr. Trump negotiated and signed in his first term. They are not trying to trade other countries. “
“Maybe Mr. Trump will bring back if he claims the victory and wins the token concession, but if the North American trade war continues, it will be one of the most stupid history.”
