Donald Trump He referred to his induced Trade wars and efforts by another countries to bring about the abolition of duties. He argued that the decision was a good idea, thanks to which all day $2 billion comes into the state's treasury, and the leaders of another countries desperately search to reduce it customs duties.
Donald Trump's duties. “I will do anything, sir”
– I'm telling you, these countries are calling us, kissing my ass. They die to make a deal. "Please, sir, let's make a deal. I'll do anything. I will do anything, sir” – Trump mocked, at the same time angry at any Republican congressmen seeking to take distant his power to impose further duties.
SEE: Trade war between the US and China. 104 % duties
– Then I see any rebellious Republican, you know, any guy who wants to show off, "Oh, I think legislature should take over negotiations." They can't negociate like I can. said the president of the United States.
"I know what I'm doing." Donald Trump definitely on customs
According to the White House, the request for negotiations has so far been almost 70 countries. Among them were Japan and South Korea. Trump, however, said in his speech that “not necessarily wants to make a deal with them”.
– We're happy to take our 2 billion a day, but they want to make a deal with us. I know what the hell I'm doing. – he said.
Trump besides estimated that the deal would besides go China, even though Beijing announced a "fight to the end".
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A minute after midnight, East American time came into force. increased work rates for goods from countries with which the United States has a trade deficit.
Trump's fresh duties have entered into force
The entering into force duties are the second part of Trump's announced tariffs last week, after a minimum 10-proc was implemented on Saturday. the rate of import of almost all goods from almost all countries. This rate is increased for Wednesday 57 countrieswith which the United States has a trade deficit.
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In this group are among others. European Union – 20 percent – and China, on which Trump extra than the first rate of 34 percent imposed an additional 50 percent after Beijing responded with a 34-percent retaliatory duty. Including previously imposed tariffs, Chinese goods will be placed on Wednesday 104 percent tax. This besides applies to low-value packages, on which the Chinese e-commerce platforms specified as Temu and Shein were based, although in this case the work is 90%.
Customs – called by president Donald Trump ‘To each other’ – are theoretically intended to establish a level playing field in abroad trade, but in practice do not reflect the trade barriers applied by another countries and their size Trade surplus from the USA. As a result, high-duty countries, specified as Brazil, received lower rates than those with low tariffs on US products, specified as the EU.
High stakes have been charged especially Asian countries, both American allies specified as Japan (24%), South Korea (25%) or Taiwan (32%), and countries which are sources of cheaper production competing with those produced in China specified as India (26%), Vietnam (46%), Bangladesh (37%), Indonesia (32%), and Cambodia (49%).
