After a dramatic week, is Trump closer to his commercial goals?

Donald Trump announced a huge tariff plan last week that would raise the global economic system as well as firm trade relations with America’s allies.

But this plan – or at least a large part of it – is on the ice after the president suspended a higher tariff in most countries for 90 days while tending to a trade war with China.

So with this partial reflection, is Trump closer to achieving his goals in trade? Here’s a quick look at five of his main ambitions and where they are now.

What Trump said: For decades, our country was looted, looted and looted by near and far nations, both friend and enemy alike

Trump’s original commercial plan was packed with a large punch that fell all over the world, with a 10 % basic tariff for everyone (including some uninhabited islands) and additional “mutual” definitions in 60 provinces he said was the worst perpetrators.

He sent allies and opponents to scramble, because they are staring at the possibility of a grant for their economies.

The White House was quickly boasting about all world leaders who contacted the President to make deals and make commercial concessions – “more than 75”, according to Treasury Secretary Scott Payette.

Although the administration has not issued a list of all countries that Trump said on Tuesday was “kissing my ass” and promised to do anything, the United States announced that it is in negotiations with South Korea and Japan, among others.

Prefabble meals: In front of the trading partners in America for 90 days for the compatibility of a kind of agreement with Trump, and the hour beats. But the fact that the conversations take place indicates that the president has a good opportunity to get something for his efforts.

What Trump said: Jobs and factories will return to our country … we will form our local industrial base.

Trump said for decades that the customs tariff is an effective way to rebuild the American industrial base by protecting it from an unfair foreign competition. While some factories may be able to increase production in existing facilities, the most fundamental efforts take time. As for the trigger business leaders to withdraw the “return” of production and investment lines in new American factories, they want to know that the rules of the game are relatively stable.

However, the tariff that operates outside the president’s range over the past week is unstable by nature. Currently, it is difficult to predict the place of falling levels of final tariffs and any industries will get the greatest protection. Car manufacturers and steel producers can be today, and high -tech electronics companies tomorrow.

Prefabble meals: When the customs tariffs are apparently applied to the president’s whims, it is more likely that companies – in the United States and Foreign Affairs – will decrease and wait until dust stabilizes before making any major obligations.

What Trump said: I have great respect for the eleventh president from China and the great respect of China, but they were benefiting from us.

After Trump’s tariff about the face on Wednesday, many White House officials – including Treasury Secretary Bessin – rushed to say that Trump’s goal is to drop the hammer on the real villain, China.

“They are the largest source of American trade problems,” Besent told reporters, and they are actually a problem for the rest of the world.

If Trump wants the battle of the commandments with China, and a test of tolerance of each side of economic and political pain, he has obtained a battle – even if the president and his assistants have hinted that they are looking for a slope of exit.

On Wednesday, Trump said he blamed the leaders of the United States, not China, for the current trade conflict. On the previous day, White House press secretary Caroline Levitte said the president would be “incredibly cream” if China continues to conclude a deal.

Prefabble meals: Even if this confrontation wants Trump, choosing a fight with the second largest economy in the world, with a military force of conformity, is a great danger. Along the way, America may have beenolated the allies they need in such a confrontation.

What Trump said: Now it is our role to Prosper, and thus, use trillions and trillions of dollars to reduce our taxes and pay our national debt, and all of this will happen very quickly.

During the presidential campaign for the past year, Trump regularly described his proposed tariff would bring vast amounts in new revenues, which the United States can use to reduce its budget deficit, box tax discounts and pay for new government programs.

A study last year was estimated by the Non -Partisan Tax Corporation that the global tariff was 10 % – which Trump fell for a period of not less than 90 days – will generate $ 2 of new revenues over the next ten years.

To put this in the context, the recently included tax cuts in the undisputed budget scheme will cost about 5 meters over the next ten years, according to the party policy center.

Prefabble meals: Trump wanted more customs tariff revenues, and if he stuck to his basic definitions, in addition to additional fees on some imports and the largest in China, it will get it – at least until Americans turn into more local production, when the tariff money can turn into a decline.

What Trump said: Ultimately, more production at home will mean stronger competition and reduce consumer prices. This will already be the golden age of America.

Analysts and experts gave a bag of seizure of other explanations about the reason for Trump’s such aggressive step in trade last week. Was he trying to reduce interest rates, reduce the value of the US dollar or bring the world to the table to obtain a new global agreement on trade? The president did not talk much about these types of complex plans.

One thing that he talked unabated, however, is his desire to reduce costs for American consumers – and he promised that his commercial policy would help address this. While energy prices have decreased per week since Trump announced the customs tariff plan, this may be the result of fears that commercial wars could lead to global recession.

The consensus among economists is that the new customs tariff will increase the prices of consumer, as the customs tariff is dealt with on the price of imports, and at the end, when there is less competition for the products made by the United States. Last year, the Tax Corporation estimated that the global tariff by 10 % would increase the costs of American families by $ 1,253 in its first year. Economists also warn that low -income Americans will be more difficult.

Prefabble meals: The increase in prices is an arrow that moves in the wrong direction – and represents a huge potential responsibility for the status of both Trump’s political and future election prospects for his party.