Red, white and bruises: The world brackets for the Trump tariff battery on Wednesday

After spending more than two Years Identification of definitions, tomorrow is the great disclosure: at the moment when US President Donald Trump reveals the full scope of the policy of protective trade.

It is called the day of its liberation and plans to celebrate it on Wednesday afternoon at a great event at 4 pm in the White House park.

“(This) will decrease as one of the most important days in modern American history,” said Caroline Levitt, a White House press secretary.

To skeptics, it makes history for all the wrong reasons.

The global economy, which is already increasing, will be on the edge of a knife waiting for the details of this plan, which may impose a wider tariff from the United States from any time since the great depression.

The White House boldly insists that these definitions will achieve several simultaneous goals: raising revenues, paying the price of tax cuts and compulsion companies in the United States

The stock market is not convinced – it is lost All its gains Since the elections. Consumer feelings collapsed. Capitol Hill is getting more anxious.

Here is one of the reasons for horror: The most racist details of Trump’s plan are still in a state of flow. On the eve of the announcement, it was there Divide leaks In the American media.

Will this be a 20 percent global tariff? Or will it be several tariffs, the smallest succession of specific measures from different countries? Trump team members are still discussing the details this week.

Then there is a question of what is happening for the previously announced definitions – does it disappear, or are stacked, which means a tariff that is the highest tariff?

Whatever happens, the auto industry is already facing a crisis, according to one actor. Flavio Volby, head of the Lobby Group for the main cars in Canada, says that the margins of industry profit will be eliminated, several times, through the tariff scheduled to enter on Wednesday, regardless of any of them, Trump’s new plans to advertise.

The auto industry warns of the crisis

“The industry will be closed within a week. On both sides of the border,” said Volby, head of the Automotive Factory Association.

“Mathematics does not work. For this reason, everything will be closed … We may need to prove that mathematics does not work, in order to reflect the White House.”

For those who keep the result, Trump has already imposed 25 percent duties on many Canadian and Mexican products; From 10 percent on energy; 25 percent on steel and aluminum – used by manufacturers, including car companies – and now 25 percent is a duty on vehicles collected outside the United States, as well as duties in some parts, with more parts threatened at a later time.

In the face of this, Democrats are looking to throw a black political eye for the Great Trump Day. They will force several hours of discussion, followed by a vote, on Senate Resolution 37.

This suggestion would end Trump’s national security justifications for definitions on Canada, specifically for the first 25 percent duty that is supposed to be supposed to the role of Canada in the Vinteliel trade.

It will be mainly symbolic. Senator Tim Kane says he is close to imprisoning the necessary votes to pass it, and he already has support from some Republicans.

“Our voters are crazy,” Democrat said in Virginia. “My voter … feel angry with this. They are supporters of Canada, and they are supporters of trade with Canada, and they are anti -building prices, grocery stores, fertilizers, aluminum and steel.”

If the decision becomes a “good vote, strong from the two parties in the Senate, this will be a strong message to Donald Trump and its economic advisers:” You play fire.

If you pass, it will be a embarrassing message for Trump on his great introductory day – rejecting the Senate, which his party controls.

However, fundamentally, it may mean very little. Certainly, the draft law will not be brought to vote in the House of Representatives. Even if he had passed the house in one way or another, Trump can still veto it anyway.

In any case, this would only back down from one group of definitions, which are supposed to revolve around the fentian. However, it is an early test of Trump’s tariff policy.

Democrats play Canada’s tariff

Democrats are increasingly seen definitions as a winner and a loser to Trump – especially those in Canada. Some of the party’s biggest figures joined Kane to attend a press conference outside the Capitol on Tuesday.

They inspected a message that is likely to carry in the middle of the period: that Trump imposes taxes on ordinary Americans, and collects duties on the goods they use, in order to pay the costs of tax cuts for billionaires.

This correspondence has been assisted by Trump himself – from only He said he does not care If prices rise for commodities in the short term.

“Republicans are floundering,” said Chuck Schumer, the Senate leader, said.

Trump is now tightening the spine. It is considered a new golden era for American industrialization, if the party can control the initial storm.

At the risk of congregation by Congress, in this expected vote on Wednesday, Trump issued a warning to his party: Canadian definition support.

“Do not let the Democrats get a victory,” Trump published, referring to the Senate vote. “It will be a destroyer for the Republican Party, and more importantly, for the United States. Make America great again!”

Pressing the Republicans is real. One that Kane included as a supporter of his bill, Tom Telese, from North Carolina, explained later on Tuesday that he would not vote in his favor, despite his concerns about the definitions.

It is worth noting the TV stalemate: He will return to his re -election next year and face a fundamental challenge, which makes him risky in Trump anger. Other Republicans – Rand Paul and Suzanne Collins – support the bill, and Kane said he was optimistic that he could get a more couple to reach the majority.

Now Washington is watching the White House.

Not only Washington, but also Wall Street, Windsor, auto workers in OTT. Anyone else has a share in trade with the United States

The biggest anonymous is whether Trump will announce one flat -wilderness, or a range of mutual measures.

The White House does not say. Media reports indicate that it is still being discussed internally – although Trump spent two years in his campaign.

Each approach comes with challenges.

The first idea, The Global Treiff, is a sharp tool that can wander in the United States more easily in stagnation. The latter painfully complicated. Trade experts have said for weeks that there is no Trump team that can create this system by April.

At an event in February, at the American Conservative Institute of Institutions, an unbearable commercial policy expert said that April 2 will be in chaos. He said there is no way to design mutual definitions separately.

“They will not come close,” said Derek Maqsat more than a month ago.

“We will get a significant decline, which will be reasonable, or we will get complete nonsense.”