Wednesday 5th of February 2025
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invoking the international emergency economic powers act (IEEPA)....

China will file a lawsuit at the World Trade Organization (WTO) and take other retaliatory measures against US President Donald Trump’s new tariffs on its goods, the Commerce Ministry said in a statement on Sunday. According to the statement, Beijing sees Washington’s unilateral tariff increase as “seriously violating” WTO rules.

Trump announced new tariffs on China, Mexico, and Canada on Saturday, citing concerns over the three countries’ failures in stemming the flow of migrants and illegal drugs, such as fentanyl, into the US. In order to hike the tariffs, Trump declared a national economic emergency, invoking the International Emergency Economic Powers Act (IEEPA), which authorizes the president to unilaterally manage imports.

The tariffs, set to enter into effect on February 4, will amount to a 25% tax on all imports from Mexico and most goods from Canada, and a 10% tariff on Chinese goods. According to a fact sheet published by the White House, the tariffs will be in place with no exemptions “until the crisis is alleviated.”

China’s Commerce Ministry said Beijing is “strongly dissatisfied” with Washington’s action and “firmly opposes” it.

“It is not only unhelpful in solving [Washington’s] own problems, but also undermines the normal economic and trade cooperation between China and the US,” the ministry stated, adding that Beijing “will take corresponding countermeasures to firmly safeguard its own rights and interests,” without disclosing details. It added that the US should “objectively and rationally view and deal with its own problems” such as illegal drug imports, instead of “threatening other countries with tariffs.”

The ministry said Beijing will file a formal complaint over the new tariffs with the WTO, which has legal power to permit a country suffering from another country’s tariffs to respond with its own. As both the US and China are WTO members, they are required to abide by its decisions when in dispute.

China’s Foreign Affairs Ministry called the tariffs “not constructive,” warning that this could reignite a trade war.

“China’s position is firm and consistent. Trade and tariff wars have no winners… This move cannot solve the US’s problems at home and more importantly, does not benefit either side, still less the world,” the ministry said in a statement late Saturday. It also warned that the new tariffs will “harm the counternarcotics cooperation between the two sides in the future.”

 

https://www.rt.com/news/612039-china-lawsuit-us-tariffs/

 

YOURDEMOCRACY.NET RECORDS HISTORY AS IT SHOULD BE — NOT AS THE WESTERN MEDIA WRONGLY REPORTS IT.

 

         Gus Leonisky

         POLITICAL CARTOONIST SINCE 1951.

 

HYPOCRISY ISN’T ONE OF THE SINS OF THE TEN COMMANDMENTS.

HENCE ITS POPULARITY IN THE ABRAHAMIC TRADITIONS…

 

 

PLEASE DO NOT BLAME RUSSIA IF WW3 STARTS. BLAME AMERICA.

 

SEE ALSO: 

the psychopathy of the US government had not improved from the previous administrations...

 

the president saves the world...

 

friendly talks....

US President Donald Trump has announced that he is pausing the planned tariffs on Mexican imports for one month following a “very friendly”talk with his Mexican counterpart, Claudia Sheinbaum Pardo.

The announcement on Monday came two days after Trump imposed 25% tariffs on goods from Mexico and Canada, citing concerns over illegal immigration and drug trafficking. Levies of 10% were also imposed on Chinese imports.

Trump wrote on his Truth Social social media platform that he had held a “very friendly conversation” with Sheinbaum, during which she agreed to deploy 10,000 Mexican soldiers to the northern border.

The troops will be “specifically designated to stop the flow of fentanyl, and illegal migrants into our country,” Trump stated.

He added that the nations will engage in high-level negotiations led by Secretary of State Marco Rubio, Treasury Secretary Scott Bessent, and Howard Lutnick, Trump’s pick for commerce secretary, from the US side.

https://www.rt.com/business/612126-us-trump-mexico-tariffs/

 

 

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YOURDEMOCRACY.NET RECORDS HISTORY AS IT SHOULD BE — NOT AS THE WESTERN MEDIA WRONGLY REPORTS IT.

 

         Gus Leonisky

         POLITICAL CARTOONIST SINCE 1951.

 

deal with trudeau....

Canadian Prime Minister Justin Trudeau has announced that the United States will postpone the imposition of 25% tariffs on Canadian imports for at least 30 days, following discussions with US President Donald Trump.

The agreement was reached after a phone call between the two leaders on Monday, during which Canada committed to strengthening border security. The announcement follows President Donald Trump’s decision on Saturday to sign executive orders imposing tariffs—25% on imports from Mexico and Canada and 10% on imports from China—citing concerns over illegal immigration and drug trafficking.

”Proposed tariffs will be paused for at least 30 days while we work together,” Trudeau stated in a post on X. “Canada is implementing our $1.3 billion border plan — reinforcing the border with new choppers, technology, and personnel, enhanced coordination with our American partners, and increased resources to stop the flow of fentanyl,” Trudeau added.

As part of the deal, nearly 10,000 frontline personnel will be deployed to secure the border, according to the Canadian PM. Canada also announced new initiatives, including the appointment of a Fentanyl Czar, a government official responsible for coordinating efforts to combat the opioid crisis and prevent the trafficking of fentanyl.

”We will list cartels as terrorists, ensure 24/7 eyes on the border, and launch a Canada-U.S. Joint Strike Force to combat organized crime, fentanyl, and money laundering,” Trudeau stated. “I have also signed a new intelligence directive on organized crime and fentanyl, and we will be backing it with $200 million.”

President Donald Trump expressed his satisfaction with the initial outcome of the agreement with Canada in a recent post on Truth Social, stating, “I am very pleased with this initial outcome, and the Tariffs announced on Saturday will be paused for a 30 day period to see whether or not a final Economic deal with Canada can be structured. FAIRNESS FOR ALL!”

Earlier in the day, Mexican President Claudia Sheinbaum reached a similar agreement with President Trump, agreeing to deploy 10,000 National Guard troops to the US-Mexico border to address fentanyl trafficking and illegal immigration. In return, the US pledged to intensify efforts to stop weapon trafficking into Mexico.

READ MORE: EU state’s PM issues tariff threat to Trump

Markets experienced increased volatility with major stock indices and cryptocurrency valuations fluctuating, following in response to what has been described as a “Trump tariff tantrum” before recovering some of their losses after news broke of the deal with Mexico.

Trump has consistently emphasized tariffs as a key negotiation tool in trade discussions, both during his first term and following his re-election in 2024.

Trump has not yet offered a 30-day delay for the new 10% tariffs on Chinese imports but told reporters on Monday that he anticipated discussions with China "probably over the next 24 hours.”

On Sunday, Trump signaled that the European Union could be the next target for US tariffs, without specifying a timeline. In response, EU leaders, including French President Emmanuel Macron and German Chancellor Olaf Scholz, emphasized their readiness to defend Europe’s interests and consider reciprocal measures if necessary.

https://www.rt.com/news/612130-trudeau-announces-tariff-deal-with-trump/

 

TRUMP IS RATTLING THE MONKEYS' CAGES TO ANNOY THE BEASTS.....

 

READ FROM TOP.

 

YOURDEMOCRACY.NET RECORDS HISTORY AS IT SHOULD BE — NOT AS THE WESTERN MEDIA WRONGLY REPORTS IT.

 

         Gus Leonisky

         POLITICAL CARTOONIST SINCE 1951.

 

HYPOCRISY ISN’T ONE OF THE SINS OF THE TEN COMMANDMENTS.

HENCE ITS POPULARITY IN THE ABRAHAMIC TRADITIONS…