Trump suspends duties. However, there is an exception

stefczyk.info 2 months ago

United States president Donald Trump decided to suspend previously introduced duties for most countries. The only exception is China – the mediate State was charged a 125 % tariff.

Return of stock in United States customs policy. The White home host suspended for 90 days the duties previously imposed, including for the European Union. Let us remind you that their introduction resulted in global stock marketplace turbulence and crucial declines.

With respect to the suspension of duties, the president of the United States referred to the joint work of Europe and the United States for maintaining a close relation “regardless of temporary turbulence”.

The exception at this phase of US customs policy is China, which has been charged a tariff of 125 percent. “In view of the deficiency of respect that China has shown towards global markets, I hereby rise the tariff imposed on China by the United States of America to 125 percent, with immediate effect”, Trump wrote on his community account on fact Social.

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