Trump pledges to end the exploitation of trade, as the revenues of the customs tariffs amounted to 215 billion dollars

Photo of author

By [email protected]


president Donald Trump He defended his use of definitions as a correction of what he called for years of commercial imbalance, saying on Tuesday that the United States was “the king of customs tariffs”, but it no longer allows other countries to exploit them.

Trump said during a bilateral meeting with Canadian Prime Minister Mark Carney at the Oval Office.

“I am not talking to Canada, and I am talking about countries all over the world,” said Trump, named China and 27 European Union members. “They have benefited from our country. They no longer benefit from us anymore,” he added.

Trump declares a 25 % tariff on medium and arduous trucks before the Prime Minister’s visit to Canada

US President Donald Trump will meet Canadian Prime Minister Mark Carney at the Oval Office

President Donald Trump will host Canadian Prime Minister Mark Carney at the White House for the second time this year to discuss commercial policy. (Anna Moneymaker / Getty Images / Getty Images)

Trump said that he “will make some deals” with Carney, who is under increasing pressure to respond to the duties of the United States targeting Canada steel, cars and manufacturing. On Tuesday, Carney’s meeting is the second White House visit within five months.

“We want to do a wonderful Canada,” Trump said. “But there is a point where we want the same work – this is the problem.”

Carney said Canadian Investment in the United States can reach a trillion dollars within five years, adding that Canada is the second largest trading partner in America and its largest foreign investor.

He added: “We will get the correct deal, the correct deal for America and the correct deal, from my point of view, for Canada.”

Trump’s tariff, which exceeds 200 billion dollars in revenue, as the Supreme Court weighs a challenge to legitimacy

The commercial relationship of the United States-Kanta reached $ 762 billion last year, as Canada relies on the United States for more than three quarters of its exports and a half of its imports. Meanwhile, US exports to Canada reached about 350 billion dollars in 2024, which confirmed the depth of economic relations across the border.

Trump’s comments come after successive successive tariffs in August and September, which total $ 62.6 billion.

The total service revenue for the fiscal year was 2025 215.2 billion dollars, according to the numbers of “customs and some of the shuttle taxes” issued on September 30 before. Treasury Ministry.

Separate levels: August and September, brought 62.6 billion dollars in customs tariff revenues

Customs tariff revenues It rose steadily from $ 17.4 billion in April to 23.9 billion dollars in May, before it reached 28 billion dollars in June and reached 29 billion dollars in July.

An annual basis for tariff groups.

An annual basis for tariff groups. (US Treasury / Fox News / Fox News)

American companies pay these import taxes directly to the federal government, but they often pass a cost besides raising prices – which means that consumers eventually bear a lot of burden.

Bessent defends Trump’s tariff against allegations that it hurts our actions

The latest revelation comes as supreme court The legitimacy of Trump’s sweeping commercial policy weighs – an essential part of his economic agenda.

The White House had previously defended Trump’s tariff as a legitimate use of the presidential authorities to protect the economy in a statement of Fox News Digital.

Trump listens during the cabinet meeting

President Donald Trump made a comprehensive global tariff a major part of his economic agenda. (Aaron Schwartz/CNP/Bloomberg/Getty Images/Getty Images)

“We look forward to the final victory in this matter with the Supreme Court,” said White House spokesman Kush Disi.

Get Fox Business on the Go by clicking here

Although the highest court in the country is the limits of his commercial powers, Trump continued to throw himself as a deals maker.

Carney’s elections win and believed to be “more popular now.”

“He is a good man. He is doing a great job, but he is a difficult negotiation,” Trump said. When you press the reason not to reach a deal, he added with a smile, “Because I want to be a great man too.”



https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/10/0/0/trump-oval-office-canada.png?ve=1&tl=1

Source link

Leave a Comment