Why not be the commercial deal for the United States of America as good as it looks

President Trump praised the new Thursday Trade agreement with the United Kingdom As an “external deal”, which will serve as a template for agreements with other countries. But some experts take a faded view, noting that the UK agreement indicates that the high tariff is to remain in its place in the long run.

Although the deal with Britain makes some concessions, a 10 % tariff He is still in place on UK imports. Mr. Trump revealed this basis, which works more widely as a minimum import tax on other countries, as part of the “Liberation Day” announcement on April 2.

White House spokeswoman Caroline Levitte said on Friday that “the president is 10 % basic tariff, not only for the United Kingdom, but for his commercial negotiations with all other countries as well,” said White House spokeswoman Caroline Levitte on Friday.

While the 10 % tariff rate is less than some import duties imposed by Mr. Trump on Other countries last monthThat ranges from 145 % for China to 11 % for the Democratic Republic of the Congo, is still much higher than the actual tariff rate of 3 % before the Trump administration, According to the Economic Policy Research CenterNon -party policy research tank.

The shortening of the comprehensive definitions of Mr. Trump to 10 % can provide some comfort to American companies and consumers who face higher costs. But it still represents the main opposite winds of importers, which drive duties on goods and then transport all or most of the costs of consumers, as economists say.

“Even with slow operation of commercial deals in the coming months, you still have an effective definition will be in the two -digit range,” said Ey Gregory Daco. CBS Moneywatch. “What this means for companies is that they will simply pay more for the same goods that they import, and they will raise prices on customers who have a much lower ability to face price increase.”

This, in turn, can cause Americans to tighten their governor, a serious danger, given that consumer spending represents about 70 cents of each dollar in economic activity. Daco said that companies that are emphasized by the customs tariff may slow the employment, which leads to a decline in the growth of family income.

“Modest improvement”

Scott Lincum, Vice President of the Economy Institute, said that the deal with Britain is “a modest improvement about what we had yesterday, but-with most of the customs tariffs in the United States continued and very limited in the United Kingdom-is still worse than the current situation before the experiment.”

The economic risks of American commercial talks are high, as economists raise Rawning opportunities Due to the repercussions of Mr. Trump’s trade war. The stock market fell and The prices of the American treasury slipped In the days after the President’s introduction to the President on April 2, confirming the investor’s concerns that the trade war can spoil economic growth.

The shares are closed Modest On Thursday, after Mr. Trump announced the new Trade Agreement With the United Kingdom

While Wall Street has been largely recovered since the increasing investor’s optimism that the Trump administration will soon make new trade deals, many Americans are at the policies of Mr. Trump. in The last CBS news poll53 % of those surveyed said they believed that the American economy is getting worse, while only 41 % agreed to the Trump administration tariff.

The United States is also trying to negotiate additional trade agreements, companies still face great risks, as economists note. This stems from the ongoing uncertainty at the final level and the duration of the customs tariff, which makes it difficult for trade -dependent companies to develop plans for spending, employment and their supply chains.

“Even if this tariff is lower, this basic concern related to uncertainty and the inability to predict,” said Han Ko, a senior fellow at the Peterson Institute for International Economy.

However, some experts note that the Trump administration’s efforts to conclude new commercial deals can provide some relief to investors and companies, as long as there is an increasing clarity about where the customs tariff policies can settle.

“Now, at least the wheels in a movement in relation to discussions with a variety of countries, with the deal between the United States and the United Kingdom may indicate the fact that there can be a tariff and removal of trade-related escalation-even without a fully business agreement,” Mark Lucini, the chief investment strategy in the capital administration Jani.

Trade Minister Howard Lootnik Fox Business on Thursday told the Trump administration “focusing on major countries”, although he added that negotiations could come out.

“The president does not want to walk quickly,” Lootnick said. “He wants to do this kind of deal we made today, where we said,” Look, this is just a victory for America, “and we discovered how to make it a victory for them.”

The main meeting with China

The United Kingdom is a fairly modest commercial partner for the United States, and it represents about 65 billion dollars in annual imports, or less than ten annual imports from China.

Treasury Secretary Scott Beesen and American Trade Representative Jameson Jarir will meet with Chinese negotiators this weekend in Switzerland, and Mr. Trump indicated that he is open to reduce the customs tariffs on the country’s goods of its current level by 145 %.

“80 % tariffs on China look right!” President books Friday morning.

But this may not be sufficient to expand the United States from the opposite winds of the higher definitions, according to experts.

“Even if we have to see a 10 % comprehensive tariff and some decline in the higher levels, or in the case of China, 145 %, we are still talking about the rate of tariffs is the highest since World War II.” “Thus it will have an effect on the shape.”