“Photo: Gettyimages.com US President Donald Trump continues to amaze, destroying his former alliances with his partners and exacerbating relationships with opponents. After 40 days of his presidency, he announced (which, however, warned during the election campaign) about the beginning of trade wars with almost the world. The journalist briefly understood the question of what Trump answered other countries […]”, – WRITE: Businessua.com.ua
Photo: Gettyimages.com
US President Donald Trump continues to amaze, destroying his former alliances with his partners and exacerbating relationships with opponents. After 40 days of his presidency, he announced (which, however, warned during the election campaign) about the beginning of trade wars with almost the world. Journalist Briefly about He understood the question of what Trump answered other countries and what it could lead to.
Beat your own so that strangers are afraid Donald Trump has introduced 25% of tariffs for higher Part of the Canadian and Mexican imports and doubled 10% of duty on imports from China up to 20%, which will affect the annual imports of about $ 1.5 trillion. He also threatens to introduce a 25% allowance for European goods. He has already stated that on March 12, 25% of the USA import and aluminum tax in the United States would introduce, as well as announced new duties on cars that could be announced in April. It is noteworthy that Trump introduced the duties against his allies than China.
Donald Trump has fulfilled its threat to Canada and Mexico by large-scale import fees, introducing one of the greatest increase in US tariffs since the 1930s, which has threatened to undermine links with major economic partners.
Trump himself says that duties that will be imposed against a number of countries will bring significant financial revenues and create many new jobs for Americans. According to him, these measures are a response to similar actions of other states, and now the US is to such steps. By the way, according to Trump, China, India and the European Union should also prepare for the introduction of new duties by the United States.
However, not all in the US support Trump’s policy for confrontation with the Allies. The newly elected leader of the Democratic Party Ken Martin criticized the new President of the United States to introduce large -scale trading rates.
In addition, duties against the three largest trade partners of the United States have raised to one of the highest levels in recent decades, which caused the collapse of the dollar in the securities market.
Canada reproached Trump with Putin In response to Trump’s actions, Canada Prime Minister Justin Trudeau also announced the introduction of 25% of US $ 155 billion items.
“The United States resolved the Trade War against Canada, their closest partner and ally, their closest friend. At the same time, they talk about positive cooperation with Russia, pacifying Vladimir Putin-a false, bloody dictator, ”said Canada Prime Minister.
According to Trudeau, tariffs for goods from the United States worth $ 30 billion will be introduced immediately, and for the rest of the goods worth $ 125 billion – in 21 days. Canada will also complain to the World Trade Organization, as long as “our new tariffs remain in force until the US tariffs have been canceled and a minute earlier.”
On the eve of the commercial wars of Trudeau on advice, he went to King of England. Photo: FB Justin Trudeau
In Mexico predict the collapse of the US economy On March 4, President of Mexico Claudia Shenbaum announced that Mexico will respond to the United States with its tariffs for American products. The list of goods that fall under new tariffs will be announced on March 9 in the central square of Mexico City.
“We do not need it, but if you want a wall, then you will get it,” Sheinbaum said. In his address to Trump, Shaynbaum threatened the United States with complete isolation, saying that the world can abandon American goods.
“Even if you do not know geography before you build a wall around you, you should know that this wall lives 7 billion people. Since you are not familiar with the term “people”, we will call them “consumers”. 7 billion consumers are ready to change their iPhone to Samsung or Huawei, Levi’s – on Zara or Massimo Duti, stop buying Ford or Chevrolet brands and replace them with Toyota, KIA, Mazda, Honda, Hyunda, Hyunda, Hyunda, Hyunda, HYDA If these 7 billion ceases to buy US products, the US economy will fall and they will be pleased to demolish this wall. We do not need it, but if you want a wall, then you will get it, ” – said President of Mexico.
Mexico President Claudia Sheinbaum will announce sanctions in response to the central square of the capital. Photo: FB Claudia Shaynbaum
Europe prepares lists of American goods for duties The European Commission has assured that they will react “decisively and immediately”. “The EU will always protect European business, employees and consumers from unreasonable duties,” the EC said. German Chancellor Olaf Scholtz stated that the European Union is strong enough to resist the threats of new duties by the United States.
The EU has already promised to answer the American duty to metals. EU representatives have prepared several lists of US goods that can be imposed on response, depending on what the US initial measures will be. Brussels can also quickly restore the restrictions on American goods during Trump’s first term.
China: No need to frighten us Beijing quickly responded to US tariffs, raising the import duty on US agricultural and food goods worth $ 21 billion. Beijing also introduced export and investment restrictions for 25 US firms for national security reasons.
China introduces a 15% additional tariff for American chicken, wheat, corn and cotton since March 10. He also introduced an additional 10% fee for soybean, sorghum, pork, beef, fruits, vegetables and dairy products from the United States. According to Reuters estimates made on the basis of US population census for 2024, additional duties will affect about 15% of US exports to China $ 21 billion.
“If the US wants war, whether the tariff war, a trade war or any other type of war, we are ready to fight to the end,” the China Embassy said.
The statement was published at the moment when US President Donald Trump completed his speech in the Congress of Economic Policy. It was the answer to the economic confrontation between the two largest economies in the world.
“We will not be able to intimidate us. Pressure, compulsion or threats are n Evil way of handling China. Anyone who applies maximum pressure on China is calculated and chooses the wrong guy, ”said the Ministry of Foreign Affairs of China Go Jiakun.
In the last minute
Trump’s team was already doubt Having met with such a repentance, the United States called “turned on the back”. US Minister Howard Lutki said that the Trump administration could again announce the reduction of tariffs for Mexican and Canadian goods. The minister said that “Mexicans and Canadians” spoke with him all day on the phone, trying to show that they “work better.” Lutnik’s comments have become the first public signal from the Trump team since the introduction of duties that the US President may hesitate about his decision.
Source: kp.ua
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