His attitude includes global fees for foreign imports and detailed measures such as targeting actions against specific businesses, regions or countries.
Trump’s proposed taxes were contraindicated, and ranging from minimum rates to 200%, creating uncertainty among international partners and businesses.
Here is the summary of Trump’s trade -related activities and threats.
Wide fees
Treasury Secretary Scott Bechel argues that the universal import fees are gradually implemented, which begins with a 2.5% increase in monthly increase, as announced by financial hours. Trump recommends high rates. Although the fees have historically created a significant portion of the US tax revenue, they are now referring to the minimum role. Economists warn that these policies may increase inflation as businesses change more costs for consumers.
On Friday, Trump announced plans for “mutual” fees, although the specific rates are not defined, apparently targeting countries that are obliged to US goods. Traders may respond with replacement fees in agricultural goods, energy resources and machinery of machinery, stimulating and stimulation Global trade conflict And creating a business uncertainty.
