New (new) tariff rates (again)

The first time US President Donald Trump He unveiled his “mutual” definitions In the rest of the world, the April 2 event had a cinematic quality, and even large. It happened in the White House garden roses. There was a living band, according to Wall Street Magazine. Trump raised the huge physical plans for his identification rates, which were coded in colors useful for visual clarity.

This time, the updated “mutual” Trump tariff, which was released on the night before the implementation on August 1, compared to joy and magic. White House Executive order It has emerged around 7 pm East time, just as people in the United States were running out of work. There was no direct event, nor a big scheme, and certainly there is no entertainment-just a strict website with a black and white table.

This austerity – and one may say, even, the ghost – surrounding the last announcement indicates two things.

First, the White House can realize that the dramatic shock of definitions has less power to swing commercial deals when organized for the second time. “90 transactions in 90 days” conducted by trade advisor Peter Navarro I promised In April, there is no place on the horizon.

Secondly, the United States may actually be well not conclude commercial deals with some countries, leaving it with a tariff higher than the Qoban. In June, the US Treasury was informed An unexpected surplus thanks to customs tariff revenues, That was more than four times higher than last year. The economists are not so He is concerned about the inflation driven by the customs tariff As they were before.

All this is speculation, of course. Only something else is known about the latest definitions except for the numbers – two hours have passed since they went out and there has been no other official contact yet. It was possible to issue the request in this low way simply because the garden of roses is now more like Tangible path. Or maybe Trump does not want penguins on the Herd and McDonald Islands to hear his novels this time.

Customs tariff disorders: How global executive presidents convert gears?

In interviews with CNBC in this profit season, executives via industries sent a clear message: the customs tariffs are no longer just a political tactic.

like Trade rules More uncertainty grows and drives the definitions in politics discussions, business leaders say they rethink everything from the whereabouts of factories on how to pricing products. The old “timely” model gives way to something more cautious: make goods closer to the buyer, ask for exemptions wherever possible, and stay on alert to transfer consumer habits.

– Spriha Srivastava