President Donald Trump announced that the so -called “mutual” tariffs will be stopped for 90 days, while leaving the customs tariff by 10 % in all fields, which sends the long -term markets on Wednesday afternoon. Trump issued the announcement on his social media platform Social truth, He said that China will get a tariff above 104 % that was carried out at 12:01 am on Wednesday, and raised to 125 % starting today.
“Based on the lack of respect that China has shown in the markets of the world, I do this raising the tariff followed by the United States of America to China to 125 %, immediately,” Trump wrote. “At some point, we hope that China will realize in the near future that the days of tearing the United States of America and other countries are no longer sustainable or acceptable.”
Trump added that 75 countries came to negotiate the customs tariff, although it is unclear how countries like Australia, which buy more than the United States than exporting it, could start negotiating any commercial deficit when it had already had any tariff against the United States
On the contrary, and based on the fact that more than 75 countries have contacted representatives of the United States, including the departments of trade, the ministry, and the USTR, to negotiate a solution to the topics that are being discussed in relation to strong barriers, identifying the tariff, or forming, forming, forming, forming, forming, forming, forming, forming, forming, forming, forming, forming, forming, forming or shaping or It constitutes or constitutes anything, a pause today, and significantly reduce the mutual tariffs during this period, by 10 %, as it is immediately.
It was not clear at first whether the definitions against the European Union would remain in effect, given the fact that it was announced 25 % revenge A tariff, but CNBC stated that the European Union will see a 10 % foundation tariff. CNBC also got clear from the White House that it will remain a 25 % tariff in Canada and Mexico.
Treasury Secretary, Scott Beesant, announced a victory in a press conference Outside the White House, shortly after Trump’s tweet, he insisted that the president had succeeded by transferring countries to the negotiating table with “maximum negotiation.” However, again, it is not clear how anything changed at this point, as the two countries are simply frustrated by the Trump obsession.
Trump announced for the first time a sabotage tariff plan on April 2, where he now made a famous scheme You claim to appear The “definitions” imposed by each country on the United States. In fact, the number did not show anything like that and actually calculated by taking the trade deficit and dividing it on exports. It is clear that various countries around the world are frustrated by Trump’s tactics, and many have indicated that the United States has built the system that is now trying to destroy it. It seems that the long -term plan is that countries will now try to direct them around the United States rather than screaming to circulate with Americans.
“What the United States is now is not a reform. It rejects the regime that has established it,” Prime Minister in Singapore, Lawrence Wong, told his country’s parliament on his country’s parliament over his country’s parliament. Tuesday.
Next to the White House press secretary, Caroline Levitte, Pesin was asked on Wednesday about the reason that people assumed that this is the end of chaos. “The only certainty we can offer is that the United States will negotiate in good faith. We assume that our allies will also.”
https://www.youtube.com/watch?
Peter Navarro, Trump’s adviser who celebrated the most difficult tariffs, was significantly absent from the Rapid press conference outside the White House on Wednesday. Bessent was the person who repeatedly suggested that Trump’s tariff plan was always about negotiation and extracting concessions from other countries.
“Each of these solutions will be detailed. It will take some time. President Trump wants to participate personally.”
From the stranger S & P 500 Rise 1:02 pm EST Without any major news, some people lead on social media to ask what was happening. But it was just a few minutes ago, at 12:56 pm East time, the news broke out with a Politico tweet This Bessent canceled a meeting on Capitol Hill with Republicans in the House of Representatives. Then it appeared that Bessent had been called to an urgent meeting at the White House, and it may indicate that there is a big thing about to happen.
Later on Wednesday, Trump spoke to the White House journalists, and insisted that he had succeeded and will now receive commercial concessions from other countries. Trump was also asked about bond markets, admitting that he was watching it yesterday.
“I was watching the bond market,” Trump said. “It is very difficult. If I look at it now, it is beautiful. The bond market is now beautiful. But I saw last night where people were receiving a little.”
“There will be fair deals with everyone. But they were not fair to the United States. They were sucking us dry,” Trump said.
Do you feel comfortable again, America?
https://gizmodo.com/app/uploads/2025/04/scott-bessent-april-9-2025.jpg
Source link