The president of the United States, Donald Trump, announced raising customs duties on Chinese goods to 125 percent.
Given the deficiency of respect that China has shown to the planet markets, I hereby rise the tariff imposed on China by the United States of America to 125%, with immediate effect – Trump wrote in a post on fact Social.
In consequence to an earlier increase of customs duties by the United States on Chinese goods to 104 percent, China retaliated on Wednesday, expanding customs rates on US imports to 84 percent. The U.S. president added in his entry that he hoped China will realize that the times in which they ripped off the US and another countries are no longer sustainable and acceptable.
A amazing Decision
At the same time, Trump reported that as more than 75 countries had reported their willingness to enter into trade negotiations with Washington and did not respond to retaliation, he decided to suspend the increased duties on these countries for a period of 90 days. At that time, the work rate is 10 percent.
This unexpected return came only a day after the president and his spokeswoman, Karoline Leavitt, assured that he did not plan a 90-day suspension of duties. The decision even amazed US Trade typical Jamieson Greer, who appeared before the home of Representatives' budget committee at the time of the announcement of the break. He admitted that Trump had learned of his decision during the hearing, although there had previously been talks about it.
Tusk and Domański comment
Donald Tusk referred to this Wednesday night on platform X.
Maintaining close transatlantic relations is simply a shared work of Europeans and Americans, regardless of temporary turbulence. So let's make the best of the next 90 days – commented the Prime Minister of Poland.
The situation was besides positively addressed by the Minister of Finance, Andrzej Domanski.
The U.S. administration postpones the entry into force of higher peculiar work rates by 90 days – 10% of duties remain. First right step towards deescalation. little emotion, more focus on economical growth – sent on platform X.
