New chapter in the Commercial War undertaken by Donald Trump. The president of the United States advanced this Sunday that this Monday will impose new 25% tariffs on steel and aluminum imports. Taxes that will be added to existing rates and that carry their tariff war a step further.
In addition, the Republican president will announce reciprocal tariffs With other commercial partners on Tuesday or Wednesday, according to the media from the Air Force One on the way to New Orleans to see the Super Bowl. The tycoon indicated that the United States would match the tariff types of other countries and that this will apply to all. “It is simply: If they charge us, we will charge you“He summarized.
During his first term, Trump already imposed tariffs 25% on steel and 10% for aluminum, but then granted tax free fees to several partners commercial, such as Canada, Mexico and Brazil. President Joe Biden extended these quotas to the United Kingdom, Japan and the European Union
Trump has advanced that he will celebrate a press conference on Tuesday or Wednesday to give more details of his plan of reciprocal tariffsadding that he revealed for the first time on Friday that he was planning to guarantee “that [EEUU] Let’s be equally treated with other countries. ”
The US president has been complaining for a long time that 10% of the 10% of the European Union On car imports are much higher than the US car rate of 2.5% and often states that Europe “will not accept our cars”, but every year send millions through the Atlantic. The US, however, enjoys a 25% tariff on the trucks, vital source of profits for Detroit car manufacturers.
No agreement with China
Meanwhile, on Monday the Tariffs imposed by China to American products in retaliation for those applied by Washington To Chinese imports, without at the moment there are signs that the two powers have reached an agreement in this regard.
Beijing announced last week 10 to 15% to certain products from the United States as of this Monday, after the additional taxes of 10% Trump imposed on Chinese goods. In addition, the Asian giant also announced new controls to key mineral exports and launched a Anti -Ponopoolio Research against Google.
In this way, China will apply from this Monday a 15% tariff to liquefied coal and gas products, as well as one of 10% to those of crude oil, agricultural machinery, large -cylinder cars and trucks. According to Beijing, Trump’s tariffs, fentanyl account taxes, “seriously violate the norms of the World Trade Organization,” before which the case has already led.
Trump, on the other hand, He delayed the entry into force of his tariffs to Canada and Mexico for a monthbut not that of tariffs to Chinese imports. However, some experts have assured in recent days that China sought to negotiate from a position of force to avoid a large -scale commercial conflict.
Trump himself said he would talk to Chinese managers in the near future and, according to some voices, Chinese reprisals are “firm but not aggressive” because a negotiation “is possible and desirable” for the Asian country. From Beijing, no official information about a negotiation has transcended and everything could remain in the hands of whether the New York tycoon proposes a call to the Chinese leader, Xi Jinping, to bring positions.
Source: Lasexta
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