The level of customs in the United States was raised to the level of the turn of the 19th and 20th centuries. This is simply unheard of in the contemporary history of international relations – said prof. Dariusz Rosati, an economist, a former member of the Monetary Policy Council. In turn, Dr. Sławomir Dudek described the duties “with balls that fly in all directions”.
Last Thursday, 25 % duties came into force for the US imported to the USA and light trucks. Cars from the duties are partly excluded Mexico and Canadaand the tax on car and computers imports is to be implemented on May 3. For this reason, the prime minister Donald Tusk He invited industry representatives to a meeting in the subject of customs.
Dariusz Rosati, when asked on TVN24, about the effects of customs imposed by the US emphasized that this is “a huge shock for the global economy, including Poland.”
– We will get directly because we have some export to the United States. This is PLN 13 billion and it will probably fall to 10 or 8 billion. But we will probably be more affected by the fact that we sell a lot of components of the automotive industry to German. And this German export is very large when it comes to cars. Therefore, here we will also have a serious problem – said the guest “Facts after Facts”.
– In total, this is estimated at 0.4-0.5 percent. GDP. It really is not enough. This is PLN 15-20 billion, but at some point – he added.
Uncertainty “greater than during Covid”
Doctor Sławomir Dudek, president and chief economist of the Institute of Public Finance in an interview in “Facts after Facts” pointed out that “duties would cause a drastic price increase”, but complete suspension of cars from Europe to the USA is not a real scenario.
– I think we have direct effects and this is 3 percent. export. This ricochet is indeed Germany. Germany has a very open economy or the whole Union. But there are other effects, I call them side effects. They do not apply to the export of goods. They relate to rocking with stock exchanges, rocking financial markets and great uncertainty – he explained.
– Professor said that customs are the largest in 100 years. But also American scientists calculate such Global Economic Policy Unrtex Index, which is such a global economic index of economic uncertainty. He is also the highest in history. This uncertainty for companies, taxpayers is 2.5 times greater than, for example, the global financial crisis. It is greater than during Covid – emphasized Dudek.
The EU should negotiate
Rosati, when asked about how to answer Trump's duties European Unionhe stated that she should “negotiate”.
– Customs war is a thing that does not benefit anyone. Will bring everyone losses. The Union should press to negotiate and, however United States They withdrew from these tariffs. However, I think that when there is no such decision, they are a union, large players, union, China They have no choice. They also have to raise (duties – ed.). So the reaction must be adequate – he explained.
He added that small and medium -sized countries should, in turn, “drive, make pilgrimages to Washington and ask for relief, the right to wrestling (from customs – ed.).
– In a classic war, if we have this rifle and shoot, we shoot at the opponent. We don't offend ours. And the duties, the balls fly in all directions. Because if we apply a duty, then products from the United States, those for consumers will be more expensive. And European consumers will pay – summed up Dr. Sławomir Dudek.
Source of the main photo: Tvn24