Strong hit: As planned, at 6:00 am Polish time elevated duties came into force for 57 countries with which USA They have a sales deficit. Only one rate has changed suddenly – For China. Yesterday (Tuesday, April 9) in the evening, he added the White House Additional 50 percent Including the previously announced tariff, Beijing raises 84 % duties from Washington. From the beginning of the year, “penalty” taxes imposed by the USA on goods from China increased to 104 percent The total level of American duties on imports from China is already about 115 percent.
Declines in the markets: In reaction Asian stock exchanges record strong declines. The Nikkei Japanese index loses 4.5 percent, the South Korean Kospi drops by 1.7 percent, and Hang Seng from Hong Kong is overestimated by 2 percent. Too Crude oil loses strongly – over 4 percent It is for fear that the global trade war will lead to recession in the world. And a decrease in economic activity means lower demand for raw materials, including oil. China is the world's largest consumer and importer of this oil. Wall Street may have another inheritance day today, this is currently indicated by term contracts for the main American indexes.
China will not bend: The authorities in Beijing have already announced that they are not going to bend under the pressure of Donald Trump. The US President demanded that they withdraw duties of 34 percent, announced in response to the introduction of duties of the same amount by the United States to goods from China. Otherwise, he threatened to apply additional, 50 % duties. Ultimatum has expiredtherefore, a huge tariff increase came into force. In the case of packages sent to the USA from Chinese online stores, as well as Shein Clas are to be 90 percent.
Saving the situation: The Chinese central bank allowed the Chinese currency to Further weakness for the dollarsetting a daily course at 7.2066 Juan. Yesterday's course 7,2038 was the lowest since September 2023, when Juan fell below the psychological limit of 7.2 per dollar.
For whom the highest duties? The duties announced on Wednesday before a week before European Union 20 percentSwitzerland 31 percent, and Great Britain “only” 10 percent For Japan 24 percent, South Korea 25 percent, Taiwan 32 percent, Malaysia 24 percent, India 26 percent, Brazil 10 percent, Indonesia 32 percent, Vietnam 46 percent, Cambodia 49 percent, Singapore 10 %, Ukraine 10 %, Venezuela 15 %, South Africa 30 percent, Bangladesh 37 percent, Israel and Philippines – after 17 %, Chile, Australia and Turkey – 10 % 29 percent Canada and Mexico were not listed in the table, which was distributed to journalists. The base, 10 % duties entered into force on Saturday.
Sources: IAR, Reuters
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