The US president says he “may exclude or not” oil imports.
US President Donald Trump reiterated his threat to impose 25 percent customs tariff In Canada and Mexico from Saturday, leaving the opening of the possibility of exempting oil imports.
Speaking to the White House journalists on Thursday, Trump said he was “perhaps or not,” he excludes oil from the definitions and decides “perhaps tonight.”
“We will likely clarify this design tonight on oil,” Trump said in the Oval Office.
“Because they send us oil. We will see, depending on its price.”
Trump said the United States will be able to compensate for any decline in imports “very quickly.”
“Because we do not need the products they have.” We have all the oil you need. “
Canada alone provided more than half of US crude oil imports in 2023, as Mexico represented another 11 percent, according to the US Energy Information Department.
Canada and Mexico pledged to respond to the American customs tariffs while trying to confirm Washington that they were committed to addressing its security fears of the borders.
Trump has first announced plans to impose definitions a short time after his election in November, when he delivered measures as a reaction to the flow of immigrants who are not documented and illegal drugs across the border.
Trump flew on February 1 as the date of the start of definitions shortly after his inauguration on January 20.
Trump also said at the time he was considering a 10 percent tariff in China to pressure Beijing to stop the supply of artificial opioid.
Trump said on Thursday that he was “thinking” about doing something regarding China, as Fntanil was “causing us hundreds of thousands of deaths.”
He said, “So China will eventually end in a tariff for that, and we are doing this.”
Beijing warned against returning to protectionism and called for “victory” for the differences related to trade between the two sides.
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