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Trump will impose 25% tariffs against steel and aluminum | International

Donald Trump will impose tariffs of 25% especially steel and aluminum that imports the United States, in a new step of its protectionist policy that threatens to unleash commercial wars worldwide. As stated by the US President in statements to the media that accompanied him to witness the final of the American Football Championship, the Super Bowl, in New Orleans, will make the official announcement this Monday.

White House spokeswoman, Karoline Leavitt, clarified for her part that these tariffs will be added to those that already existed on these products since Trump imposed them in her first mandate.

Trump has also indicated that he will announce reciprocal tariffs on Tuesday or Wednesday, which will almost immediately enter into force. “It is very simple, if they charge us, we charge them,” he explained in statements aboard the presidential aircraft Air Force One to announce that he had proclaimed this Sunday as the “National Gulf Day of the United States”, as he ordered to appoint him that the rest of the world knows as Gulf of Mexico.

On Friday he had already advanced that he planned to tax the imports of those countries that also have rates to their purchases of products from the United States, “to treat us the same as other countries.” The Republican had committed during the presidential campaign to impose “the same exact tariff” to countries that take American assets.

In the case of reciprocal tariffs, the unknown is what Trump will consider as a rate. Sometimes it has come to consider that the Value Added Tax, the VAT that is taxed in the purchases of products – extractors or national – equivalent to a tariff.

The US president had already imposed 15% tariffs on steel and 10% to aluminum during his first term, although he later granted free fees of charges to allied countries and blocks, including Canada, Mexico and Brazil. During his mandate, Democrat Joe Biden expanded those quotas to the European Union and the United Kingdom.

Trump had also declared previously that he plans to impose tariffs against the European Union in the next few days, considering that the block has “treated very badly” to US products.

Last weekend the US president, who says that the word “rates” seems to him “the most beautiful of the English language,” signed the imposition of 25% tariffs against the products of Mexico and Canada, considering that both countries Neighbors and commercial partners, in addition to maintaining commercial surpluses with the United States, had not taken sufficient measures to combat illegal immigrants and the passage of fentanyl through its borders to the United States.

On Monday, these measures postponed a month, after two telephone conversations with the Mexican president, Claudia Sheinbaum, and the Canadian Prime Minister, Justin Trudeau. Both leaders had threatened with the imposition of reciprocal encumbrances, and in the calls they promised a series of measures – the majority, already underway – to control the border.

The Republican plans to take advantage of that time to start concessions that allow to balance the trade balance with its two free trade agreement known as T-Mec.de January to November 2024, the United States imported goods from Mexico worth 466.6 billion dollars and bought products for 337.2 billion from Canada.

Trump also announced the imposition of 10% tariffs against Chinese products, also with the argument that the Asian giant does not do what is necessary to control the flow from its territory of fentanyl and their precursors, the chemicals necessary to manufacture that opioid. At the end of the week, however, his government indicated that he stopped imposing 10% rates on products for less than $ 800, because customs services had no capacity to process them.

Although the White House declared that there would be a call between the US president and his Chinese counterpart, Xi Jinping, that conversation has not occurred. This Saturday the retaliation tariffs of Beijing have entered into force against about 14,000 million dollars in American products that cover from oil to agricultural machinery.

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