Yes, the next duties will affect the Americans: Donald Trump signed a regulation ordering the development of a comprehensive plan to restore integrity in the trade relations of the United States. Therefore, their advisers He ordered the development of new duties. Trump admitted that the higher duties could mean that Prices can go up at the beginning, But in the long run, the government's activities are to increase the number of jobs and reduce prices.
This will be included in the new duties: – We decided, for the purposes of honesty, that we will adopt a mutual customs rate, which means that we will impose the duties as other countries impose on us – said Trump. He explained, however, The new rates are to take into account not only duties, but also other trade barriers, such as taxes, subsidies, currency exchange courses and other activities that Trump considers dishonest. The retaliation duties are therefore to be adapted individually to each foreign trading partner.
Washington points to Brussels: As an example, the White House was given, among others, by the European Union, which imposes ten percent duties on imported cars, although the United States only downloads 2.5 percent of the duties. Americans also believe that European VAT puts a US company in a worse situation, In their opinion, the EU celebrates the duties in this way. Among the countries that, according to the American government, are “brutally” treated by the US, were mentioned by Canada and Mexico, but also Australia, China and India.
When is the new duties? Customs are to be applied over the following weeks. The head of the Howard Lutnick trade ministry said that the ocean of bilateral relations between states is underway, so The first proposals of new customs rates should be expected at the beginning of April.
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Sources: IAR, Reuters