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Thursday, April 10, 2025

“A blow to the most important US allies”

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The introduction of customs by US President Donald Trump not only destroys Washington's trade relations with other countries, but will also affect his global alliances, “the Financial Times said. On Saturday, 10 % tariffs for goods from ZZ entered into force.

According to the British journal, started by USA The customs war, “in combination with the often hostile language used by Trump's administration, has tarnished the trust of” Washington's existing political partners.

As evidence, the newspaper cites the prime minister's statements Canada Marek Carney, who said that the US “is not a reliable partner”, a probable chancellor German Friedrich Merz, who called Europe to independence from the USA, and the prime minister Australia Anthony Albanese, according to which the new Trumpy duties imposed on his country “are not a friendly act.”

Actions to prevent the economic power of China

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“FT” noted that Trump's administration seems to be involved primarily in stopping economic power China in the Indo-Pacific region.

According to the American duties, “are a blow to the most important US allies in North Eastern Asia: Japan and South Korea.” The prime minister's statement was recalled in the pages Japan Shigeru Ishby, who called the introduction of duties “national crisis” and convened extraordinary inter -party conversations.

“Japan, South Korea and Australia were ready to cooperate with the US in order to stop Chinese power because they believed that the US would ultimately stand up. However, transactional, unpredictable and more and more hostile Trump's actions destroy this trust,” reads “FT”.

It has been added that such action can make the “American alliance system be under huge pressure, for the benefit of China.”

American duties came into force

New duties that have become effective at 6.01 in Poland, they are the basic customs rate for almost all goods imported to the US from almost all countries of the world.

The introduction of 10 % tariffs bypassed Canada and Mexicoon which Trump has already imposed 25 percent duties. (concern about half of the import). Steel, aluminum, cars and car parts are also excluded from these tariffs (cars and parts for them are subject to a separate duty in the amount of 25 %), as well as copper, medicines, semiconductors and wood (these are to be additionally granted in the future), as well as energy carriers and minerals that are not in the US.

This is the first part announced by Donald Trump Conditions, according to him, to introduce reciprocity in US trade relations with other countries. On Wednesday, April 9, additional duties on goods from 57 countries with a surplus in trade of goods with the United States are to be implemented.

In this group there are China and the EU, which will be covered by duties in the amount of 34 percent, respectively. and 20 percent, as well as Japan (24 percent), South Korea (25 percent), India (26 percent), Vietnam (46 percent) and Taiwan (32 percent).

According to the calculations of the Yale Budget Lab Research Institute, if all new duties come into force as Trump's announcements, the new average US customs rate will increase from 2.2 to over 22 percent. And it will be the highest than over a century, and also definitely higher than customs in most countries of the world. As a result, the duties will be higher even than introduced by the Act in 1930 in response to a great crisis. The duties of the time are recognized by historians as one of the reasons for the long duration of the global crisis

Source of the main photo: PAP/EPA/Kent Nishimura/Pool



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