Trump plans to impose tariffs on imported vehicles to the US for April 2

Trump plans to impose tariffs on imported vehicles to the US for April 2

The US president, Donald Trumphe advanced this Friday that by April 2 he plans to implement a new round of duty Against the automobile sector and joked that it does not do it on the eve because it would coincide with the day of the innocents.

He would have made them on April 1. Believe me. I am a bit superstitious. No, literally, we had a plan for April 1. I said, let’s make it 2. Do you know how much money that costs? It costs a lot of money 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 American products, with the aim of equalizing the rates that these nations apply to US exports.

The new tariffs will not immediately take effect, but within a period of “weeks” either “months”, He said then, and the first to be punished will be those with which the United States 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 United States, neither more nor less”, He told the press.

This Friday he again defended his decision to impose taxes, for which he has already been punished with some 25% to imports of aluminum and steel.

Tariffs are going to save a lot of industries“Said the Republican leader, who boasted to have”saved the steel industry”In his 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, etc.

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 “Barriers”Commercial that each nation imposes on the United States.

Tariffs don’t stop

Since the beginning of his second term on January 20, Donald Trump has introduced additional customs tariffs of 10% on Chinese products and has assured that steel and aluminum entering the United States will soon be taxed with a 25% rate.

Thursday also promised to impose on the commercial allies of the United States the same tariffs that they apply to American products.

Analysts have warned that the use of Trump of tariffs as a weapon for other countries to make concessions, from commerce to immigration or drug trafficking, could change world commercial standards.

With information from EFE and AFP

Source: Gestion

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