The US president, Donald Trumphe advanced this Friday that by April 2 he plans to implement a new round of tariffs against the automobile sector and joked that he does not do it on the eve because he would coincide with the day of the innocents. “I would have done them on April 1. Believe me. I am a bit superstitious. No, we literally had a plan for April 1. I said, let’s make it 2. Do you know how much money that costs that? It costs a lot of money just that day that day just that day , but we will do it on April 2, “he told the press from the Oval Office of the White House.
His announcement takes place one day after he signed a memorandum to impose “reciprocal tariffs” to countries that tax US products, with the aim of matching the rates that these nations apply to US exports. The new tariffs will not immediately take effect, but In a period of “weeks” or “months”he said then, and the first to be punished will be those with whom the US has a higher commercial deficit.
Trump justified that measure as a matter of “justice.” “We will charge the same as a country to pay the US, neither more nor less,” he told the press. This Friday he defended his decision again to impose taxes, for which he has already been punished with 25% to aluminum and steel imports.
“The tariffs are going to save a lot of industries,” said the republican leader, who boast “Saved the steel industry” in its first term (2017-2021) With tariffs to that sector and stressed that this material is necessary: ”There are some things that you have to have, and steel is one of them for the army, and so on.” Reciprocal tariffs will not apply homogeneously. A 10% or 25% uniform rate will not be applied, but the administration will establish specific rates based on tariffs and commercial “barriers that each nation imposes on the US.
Source: Lasexta
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