Some of the new tariffs announced by President Donald Trump at the beginning of this week entered into force on Saturday, forced customs agents to start collections in the US entrance ports. The measures include a universal duty of $ 10 for all imports and mutual tariffs aimed at about 90 countries.
Trump said these movements are part of a greater effort to rejuvenate the US economy.
“We bring back jobs and businesses like never before,” he wrote in Saturday’s contribution to Truth Social.
“It won’t be easy, but the end result will be historical. We’ll be, we’ll make America great !!!”
TCreated tariffs on the center
In the middle are planned higher obligations focused on specific countries. According to Trump, these measures are intended to promote the fairness of trade and the restoration of the US production force.
Markets react as the global tension grows
The sweeping tariffs, which Trump described as part of the “Economic Revolution”, rattled the global markets that caused steep sales in the middle of the new round of trade wars. The announcement is considered to be one of the most aggressive movements of Trump’s second term.
China fires back
China quickly responded to American tariffs. On Friday Beijing announced 34% tariff on all American imports from April 10.
“China has been negatively influenced by tariffs much heavier than the US, not even close,” Trump said on the social community.
He doubled his hard attitude and said, “They and many other nations treated us unsustainably badly. We were stupid and helpless” whipping post “but not.”
Trump saw a revision of the Chinese reaction
While in his golf club in Jupiter in Florida, Trump was seen read a tabloid article about Chinese countermeasures. His administration showed that he was considering any retreat from the tariff plan, even in the face of international resistance.
Since the mutual tariffs set on the hill in the middle of the week, the diplomatic voltage is likely to escape.
(Tagstotranslate) Donald Trump Tariffs (T) $ 10 Universal Duty