The new customs duties of Trump against dozens of countries enter

Photo of author

By [email protected]


Sari entered the new American control, Donald Trump, has entered more than 90 countries worldwide.

“It is midnight !!! billions of dollars in definitions are now flowing to the United States of America!” Trump said on social media minutes before the deadline in Washington, DC.

Earlier, the President struck India with a 50 % tariff, which will get August 27 unless it was It stops buying Russian oil.

Trump also threatened a 100 % tariff on foreign -made computer chips as it pushes technology companies to invest in the United States. It came as a new Apple company announced 100 billion dollars (75 billion pounds) American investment After being pressured from the White House to move more production to America.

Last week, the Trump administration announced a revised list of import taxes on dozens of commercial partners and extending a final date for countries to reach agreements with the United States until August 7.

Countries were racing to conclude deals with Washington to reduce – or scrap – what Trump calls “mutual definitions”.

Its commercial policies aim to reshape the global trading system, which he sees is not fairly treating the United States.

The export reliable economies in Southeast Asia were among the most difficult new tariffs.

Laos and Myanmar, which focuses on manufacturing, faced some of the highest graphics by 40 %. Some experts said that Trump seems to target the states Documentation of trade relations With China.

The stock markets in Asia seemed to take the news in its steps on Thursday.

The main stock indicators in Japan, Hong Kong, South Korea and the Chinese main righteousness were slightly higher, while the markets in India and Australia were less.

Economist Bert Hoffman of Singapore National University in Singapore said that the latest group of customs tariffs will provide countries with some stability after months of chaos.

“This is supposed to be. Now you can start analyzing the effect of definitions.”

Some major economies – including UKand Japan and South Korea He has already reached agreements for a less tariff than Trump threatened in April.

the European Union A frame deal with Washington also concluded, as Brussels accepted a 15 % tariff on the goods of the commercial block.

Taiwan, the main Washington ally of Asia, was delivered 20 %. Its president, Lay Cheng T, said that the rate is “temporary” and that the talks with the United States are still ongoing.

Last week, Trump strengthened the tariff rate on Canada from 25 % to 35 %, saying that the country “failed to cooperate” to curb the flow of fentanel and other across American border medications. The Canadian government says it is suitable for drug gangs.

But most Canadian exports to the United States will avoid import tax due to a current trade treaty, the United States, Mexico and Cananga Agreement (USMCA).

The higher definitions of Mexico were stopped for another 90 days as negotiations continue to conclude a commercial deal.

On Wednesday, Trump said he would impose a 100 % tariff on external connectors.

Main chips makers Which has made large investments in the United States to avoid the new tariff. Government officials in Taiwan and South Korea said in separate data that TSMC, SK Hynix and Samsung will be exempt from the new tax.

The White House did not immediately respond to the BBC’s request for clarification.

BBC also called Sk Hynix and Samsung. TSMC refused to comment.

Also on Wednesday, Trump raised the total tariff on India to 50 %, as the third largest energy importer in the world pushed to stop the purchase of oil from Russia.

New Delhi described the move as “unfair, unjustified and unreasonable” and pledged to protect her national interests.

Market analyst Farhan Badami of the ETORO Financial Services Company said this step indicates a “sharp change” in Trump’s approach in Moscow, which could raise concerns about other countries in talks with the United States.

“There is a possibility here that India is only the first goal that Trump intends to punish to maintain trade relations with Russia.”

Brazil’s exports to the United States also face a 50 % tariff. Trump imposed the tax after accusing President Luiz Inacio Lula da Silva of unusually attacking American technology companies and called for the prosecution of former President Gere Bolsonaro of claiming that he was trying to coup a “charming chase”.

The United States and China held a series of talks as they tried to agree to extend the 90 -day definitions that are scheduled to end on August 12.



https://ichef.bbci.co.uk/news/1024/branded_news/ce24/live/0c33d720-734f-11f0-b021-a33e13a62965.jpg

Source link

Leave a Comment