- President Trump is scheduled to reveal It is likely to be the largest height of import duties in the United States since the introduction of the definition law for almost a century, and reports indicate that employees are still wandering with an opportunity to change his opinion until the last minute.
President Donald Trump and his economic team did not decide after the size and form of a “liberation day” tariff plan 24 hours before his appointment to the Roses Park at the White House at 4 pm on Wednesday, according to reports.
Bloomberg quote Anonymous sources in the administration said that Trump has not resolved whether a simple and easy -to -understand tariff (for example, for example) will be imposed. The alternative is to choose a more targeted approach where long -distance walking is designed to harm more red commercial partners, such as the European Union, more than others.
The arrival of the extensive punitive definitions – expected to enter into force within 24 hours of their announcement – can compel companies onStampede To redirect goods on their way to the United States.
Speaking to reporters on Tuesday, White House press secretary Caroline Levit said that Trump was “with his commercial and definition team that he is now mastering to ensure that this is an ideal deal for the American people and the American worker.”
Foreign leaders continued to try to influence Trump’s plan and sculpting their countries as the deadline approached Wednesday.
On Tuesday, Israeli Prime Minister Benjamin Netanyahu is unilaterally All duties were dropped Imposed against American goods.
This came without the previous negotiation on the free trade agreement, which means that all members of the World Trade Organization are now among their rights to prosecute Israel under the organization’s regulations in order to gain similar treatment.
the White House He did not respond to luckRequest to comment by the journalism time.
2025 The definitions can be more destroyed than SMOOT-HWLY “
Trump’s late amendments to any tariff ads that talk about the complexity of rewriting the long -time trade relations and uprooting the entire supply chains.
Financial markets have not been able to predict the possible effects on total local products, inflation or asset prices.
On Sunday, Goldman Sachs raised his stagnation in the United States from 20 % to 35 %, and planned investments were postponed andThe economy risks stopping.
Send investors Gold to the highest new level ever More than $ 3000 an ounce on Tuesday, fears concern about the meaning of changes for American stock and currency markets.
Spencer Hakamian, founder of the hedge fund in New York Macro, Tolo Capital, warned that the customs tariff could bring reverse results worse than the punitive duties that deepened the great depression.
“The economic damage caused by the 2025 tariff can be more destroyed than SMOOT-HWLY.”books. “The economy is more exposed to definitions today more than it was 100 years ago when we learned our lesson.”
This story was originally shown on Fortune.com
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