The US hit the duties. On Wednesday, President Donald Trump announced the imposition of a 10 % base duty on all imported goods, as well as higher rates for selected trading partners. China was charged with duty of 34 percent, while the European Union – 20 percent This decision is justified by the administration USA as a response to unfair commercial practices and an attempt to protect national industry.
Appeal for restraint. In an interview with Bloomberg, the secretary of the Treasury SAA Scott Bessent appealed to countries covered by new tariffs for avoiding retaliation activitiesh. He emphasized that if there is no retaliation, the current customs rates would remain at the current level and will not be further raised. Bessent also noted that financial markets should treat these rates as maximum, unless there is a tension.
Reactions and potential consequences. Announcement new duties caused declines in financial markets in deposited trade. Economists warn that the introduction of duties can slow down economic growth in the world, increase the risk of recession and increase the cost of living for an average American family by thousands of dollars. Although Trump's administration argues that customs duties They are a response to trade barriers Applied to American goods and are aimed at reviving national industry, critics are afraid of negative effects on the global economy.
Sources: Wall Street Journal, Reuters