tv BBC News BBC News February 2, 2025 9:00pm-10:04pm GMT
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it in the long run — as america's biggest of a broader trade war trump intends to engage in with the rest of the world, the eu and the uk. america's top diplomat, marco rubio, tells panama america's top diplomat, marco rubio, tells panama to change how it manages to change how it manages the panama canal — after president trump the panama canal — threatened to seize control. hundreds of palestinian prisoners are reunited hundreds of palestinian prisoners are reunited with theirfamilies in gaza — with theirfamilies in gaza — as ceasefire talks are set as ceasefire talks are set to enter the next stage. to enter the next stage. and in football, arsenal of the premier league — close the gap at the top with a convincing 5—1 win against manchester city.
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turning on canada like this, cos we were always such good neighbours. such good neighbours. but i also think that it's going to hurt the us economy, because here in ontario, we make a lot of auto parts we sell to the us, parts we sell to the us, they make cars, now the cars they make cars, now the cars are going to be more expensive. are going to be more expensive. mexico too has been hit with tariffs of 25% — oil at the lower rate of 10%. president trump says aggression to both he is doing this to make countries stop illegal countries stop illegal immigration and the flow immigration and the flow of drugs into the us. of drugs into the us. in turn, mexico's president accused mr trump of doing nothing to combat gun violence at the border and threatened retaliatory taxes. retaliatory taxes. of a trade war. of a trade war.
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on the european union to try to rebalance trade, but no word on if he has the uk in his sights. we don't know whether there will be a quick negotiated solution and the tariffs are gone by the end of this week. whether this is a limited action just focused on these with the us's closest allies. nomia iqbal, bbc news, florida. director and founder of integralia consultants, a firm dedicated to research and consultancy in areas former harvard fellow.
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thank you very much for your time here on bbc news. in your time here on bbc newerin your tariffs on opinion. these tariffs en. here stay? opinion. these tariffs eh here stay? i spihish. thesetettttsss here m “ mexico here to stay? i think the will mexico here to stay? i think they will be _ mexico here to stay? i think they will be temporary - they will betemporery because us economy they will be'temparary because us economy is going to the us economy is going to suffer as well. the mexican much more because we economy much more because we are more depended on us, as are more depended on the us, as well as canadians, but at the end of the day republican states in which imports states in which many imports exports mexico and and exports to mexico and canada are coming going, canada are coming and going, they be the first to go they will be the first to go and tell mr trump that this cannot happen for much time...... because at the end of eeees—e— freya: as as: as: as ifthe” w if’tiiéh’s’m’ w ithiiéthwvléfithww w w w ithiié uszwjqbthwtbw w the day, if the us wants to china, it is completely fight china, it is completely illogical that he fights mexico canada, the allies, and and canada, the allies, and then he wants to try china as well. that doesn't make any sense. so my opinion is is sense. so my opinion is this is not about trade. this is about security in the case regional security in the case of mexico, this is about
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fighting criminal fighting the criminal organisations, about stopping migration, he is using trade goals to do that. it migration, he is using trade goals to do that.— goals to do that. §7*%ww www lace, what kind of imact in. place. what kind at imaact , you in. place. what kind at inasact , you think in. place. what kihcl pf ihepact , you think that can have on mexico w mexico both now and business in mexico bath now and the business in mexico both now and the future going in the future—going forward? first one will be that many wa nt to want to come to mexico that want to come to mexico will be on for a long will be on hold for a long time. mexico was a key attractive place with the... were staying in attractive place with the... and were staying in attractive place with the... and investing 5 staying in attractive place with the... and investing there ng in mexico and investing there but now they will wait and see. how they will wait and see m7 . w "w . ' f the how they will wait and see . " w' * " r” the mexican new they will wait and see . " w' * " r” the mexican economy is also the mexican economy is to decline, it go into going to decline, it go into recession this year and this hurt consumers a will hurtmesicsh consumers a the twill hurtmesicsh consumers a the third factor will be lot. the third factor will be this is weakening the idea of north america as a whole, as
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being to fight being competitive to fight and the rest of the china and the rest of the world. this make sense world. this doesn't make sense with the idea trump that goes . 7: wstw, goes first. if first oes first. if 351? 7,77, 7 é first it has to do 351? 7,77, 7 first it has to do that i? , , ,. w-= 5—— w the neighbours and the with the neighbours and the allies and this is going to weaken america at the end of w-= eeee'efe—e i—;--: e�*.�* the e—e4— -§———— — —— — — —— — — day in my opinion. wdew if; my $5565.65 the day in my opinion. so what do ou the day in my opinion. so what do you think — the day in my opinion. so what do you think is _ the day in my opinion. so what do you think is . best - the day in my opinion. so what do you think is . best plan i do you think ts the best plan mexico now in of for mexico now in terms of its future? what bew be done to make sure it to be done to make sure it is both an attractive destination for foreign but also forforeign investors but also making surejobs are forforeign investors but also making sure jobs are stable, making sure jobs are stable. people aren't having to out w out for w w out for the w w out for the regulawr w out for the regulawr goodsw? more out for the regular goods? aside from trump's actions, we a big problem in mexico, have a big problem in mexico, criminal now take criminal organisations now take of a third of control of about a third of our territory. that true. territory. that is true. the second is is a growing ofczrj and political w z organisations and political groups and parties in so
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have w have to take action on that. we have to take action on that. second, we have to give opportunities to migrants going if we take action on hpfth. lf we tats-e was,” and ngfth; !f w; fights ggt'rgn'gn" and security and m§§*f�*fi h;h;s! si�*e�*fi ' organisations fighting criminal organisations thatis fighting criminal organisations that is good �* us and that is good for us and what will be first thing to will be; ths first thing tn;- "’w""”’*"* a will be the; first thing in; " ' ' " a new confidence to our bring a new confidence to our us counterparts.— bring a new confidence to our us counterparts. 1“;ng time. professor at the university of maryland and columnist for the washington times and dowjones market watch. we appreciate your you have referred to the terrace as opening rounds terrace as the opening rounds of trade for two. what do you by that? of trade for two. what do you b that? ., ., ., mean by that? you would have to us all trump _ mean by that? you would have to us all trump what _ mean by that? you would have to us all trump what he _ mean by that? you would have to us all trump what he means. - mean by that? you would have to us all trump what he means. i i ie! think there will be more tariffs to and he will be . with withthese of ham; w of bullying canada and in terms of bullying canada and mexico. i not happy about
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success , success, it's not way states w states should act, the united states should act, he will then feel the real issue here emboldened. the real issue here is a long does it for him is a lens dexitteke�*ehim , ~ get what is s essa demihske�*e�*flm , ~ get what he wants? is s essa dsmihsks�*s�*flm , ~ get what he wants? if it ts get what he wants? tilt ,, a, a, ,, . quickly ts get what he wants? tilt es ees eese ee e quickly he will ts get what he wants7 tilt es ees eese ee e quickly he will dodge a happens quickly he will dodge a bullet. if it takes some time he will a lot of he will create a lot of what we have learned inflation. what we have learned from the election is turns www wwwturnwsthweww w w wwwwwwwturnwsthwewwww w on nothing turns the electorate on a like inflation. apagsident like inflation. blame whoever is in the they blame whoever is in the oval office. affect w otwhweraspects ofwhiwsw w w otwhwer aspects of hiwswagenda the other aspects of his agenda which are going smoothly for him then they will not him because then they will not be popular support. domestic won't so compelled actors won't feel so compelled as have been to asthey havebee. . ...~. ~ these proposed tariffs do these proposed tariffs in and to previous us trade to we lious us trade to we have us trade to we have seen? ie to we have seen? , measures we have seen? in terms of scale they — measures we have seen? in terms of scale they are _ measures we have seen? in terms of scale they are sweeping - measures we have seen? in terms of scale they are sweeping in - of scale they are sweeping in stroke compared to the steel or tariffs. those w w w w wwtariffsw.wthowsewhadw eliminating tariffs. those had some justification because of
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subsidies abroad. there are a good reason to put tariffs in china, to increase what do china, to increase what we do there because of all the there hesasss—sfaeeths— , e— going on there hesasssesfaeethse e ee going on and currency and wrrency and the bee!!- [ree—i unfaitetradeeasd the fast they turning themselves into our $75 w w w 355m; ww ww ww ww wbwyw building up b; building up the navy enemy. by building up the navy and threatening and so which is 7 " "whiéh isrilearlyi ' 7 w 7' porch which is clearly to our security. possesses none of those canada possesses none of those has been a qualities. canada has been a ally on economic staunch ally on economic issues. it is not a country which a lot of through which a lot of immigrants come. mexico, issues. we watch caravans are issues. we watch caravans on tv marching all the way mexico 7 mexico stop it would be easier stop the much easier to stop them at the mexican border in the south, it a much broader than is a much. narrgwgr bread? than. rio grande. is s mush. nsrrswsr isrssssr thsn rio grande. now of a the rio grande. now all of a sudden mexicans are getting about fighting serious about fightinggangs. issues ssrious about fightinggsngs. issues down ssrious about fightinggangs. issues down there but there are issues down there but destroying the mexican also destroying the mexisan is not the way to get
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"éédregs’e’d’f 77 . agrgngifigisai a the us, and the benefits here, what industries benefit these 7 these tariffs 7 these tariffs within 7 these tariffs within the us? i think if these are so the us? i think if these are so _ they will - destructive, they will benefit few industries. the steel is over this. they industry is over this. they have an auto mail —— automobile industry to sell to. us industryto sell to, the us. industryto sell to, the us. industry and it is a north american automobile industry. there is 25 a vehicle made in hardly a vehisle madein' , ~ ~ , that doesn't have parts america that doesn't have parts from mexico or or its from-[mexico ortanada or its american parts neighbouring american parts in canada and so assembledirtcanada and so is going to be very assembledirtcanada and so with is going to be very assembledirtcanada and so with is g us| to be very assembledirtcanada and so with is g us automobile overcome. even if industry to overcome. even if it is a protective industry, if its prices are too high people don't buy cars, 834 00:11:48,003 -->
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