Trump’s live updates: Global powers warn of the trade war on new definitions

They are now among the wide categories of the goods subject to additional taxes after President Trump imposed on Wednesday, Global definitions On all trading partners in the United States, in addition to additional duties and heavier than 60 countries, the “worst perpetrators” is considered an unfair commercial practices.

In a sharp shift from decades of commercial policy, Mr. Trump laid the basis for 10 percent on all imported goods in the United States. In addition, fees will be imposed on other countries called mutual tariffs at the rate of upper next week.

For the European Union and China, the largest American commercial partner, the White House imposed a tariff of 20 percent and 34 percent. An additional tax on China will add a 20 percent tariff imposed by Mr. Trump previously.

Even close allies such as Japan and South Korea did not save. Countries like Australia and Brazil have not bought more than America than they sold.

This announcement, which Mr. Trump praised as “Liberation Day” in America, has announced shock waves all over the world and sparked the specter of global trade war. Stock markets She fell to the news, as investors were surprised by the size and scope of definitions.

In less than three months, Mr. Trump announced the definitions of Canada, Mexico and China, as well as import duties on steel, aluminum, cars and auto parts. On Wednesday, the executive order included exemptions for semi -conductors, pharmaceutical preparations and wood. But analysts believe this is not a reformulation; They are products next to targeting.

The allies and opponents are scrambling to understand a barrage of Mr. Trump, who raised American import duties to their highest levels in more than a century and did not show any sign of the increase. Some threatened revenge. Others publicly pressed the negotiations, while some quietly pushed concessions through the back channels.

China accused America of “unilateral bullying”, pledging to take “anti -company measures to protect its rights and interests.” South Korea has held an emergency team and pledged to “pour all government resources to overcome a commercial crisis.” In Brazil, the government of President Luiz Inosio Lula da Silva said it was establishing reprisals.

In a speech early on Thursday, Ursula von der Lin, President of the European Commission, said the global economy “will suffer greatly” from definitions. While urging the negotiation, she said that the bloc is preparing for more counter -measures in addition to the revenge definitions it has already prepared for the previous tax on foreign steel and aluminum.

Asia was very difficult by Mr. Trump’s plan. Vietnam, who benefits from companies that transport production outside China during the first Trump presidency, was subjected to 46 percent. Taiwan, Thailand and Indonesia were all treated for importing more than 30 percent. The White House put a 26 percent tariff on imports from India.

For decades, exports were a path to the economic prosperity of the developing Asian countries arising from conflict, crisis or poverty. The latest definitions were punished for countries such as Taiwan and Japan, which succeeded in modernizing their economies through trade, as it oppresses the horizons of poor countries such as Cambodia and Bangladesh, still looking to follow this road.

Cambodia, a product of clothes and shoes, was hit with a 49 percent tariff. The United States is the largest export market in the country.

“As a small country, we just want to survive,” said Suk Isan, a spokesman for the Cambodian People’s Party in Cambodia.

Mr. Trump blames the sale of inexpensive goods from these countries to the manufacturing sector cavity in America. But they also helped maintain inflation in the Gulf, and reduce prices to American consumers.

The definitions will strike many developing countries, while encouraging most of the world to move more quickly towards an order without the United States in its position.

He said: “When it comes to trade, we are in a multi -polar world, and alternative markets are present. Although there will, of course, the costs of pain and transactions in diversification.”

Australia Prime Minister Anthony Albaniz said that his country will not respond to the revenge definitions, and that the outskirts of Australia will not “join a race to the bottom that leads to high prices and slower growth.”

In Japan, officials and commercial experts have been eliminated the size of the new tariff that the country will face – 24 percent. It was particularly related to the average tariff in Japan on non -agricultural goods is among the lowest global level. Japan described the tariff as “very unfortunate” and pledged to continue to seek an exemption.

Prime Minister Shigro Eshiba pledged to increase the Japanese investment to about a trillion dollars, with a focus on buying more American products such as LNG.

Speaking before announcing the latest customs tariff, Takeshi Niinami, CEO of Suntory Holdings, said the well -known Japanese drink giant of distinctive whiskey brands, he believes that definitions can be negotiated because Japan is the largest foreign investor in the United States.

“It may have a period of chaos,” he said. “But in the end, the situation will stabilize.”

EXIger, a data analysis company, calculated that Trump’s ads will lead to 600 billion dollars in the new US tariffs per year. The largest part of the tax will come from 10 countries, as Chinese exports represent a quarter of the additional definitions of $ 149 billion. Vietnamese goods will face $ 63 billion, Taiwanese products 37 billion dollars, and Japanese exports 36 billion dollars in customs tariffs. German and Irish goods will face $ 41 billion in additional fees.

During Trump’s first presidency, technology companies transferred some production to Vietnam to protect from a possible trade war with China. A third of Vietnam exports are now electronics.

apple Transfer AirPods, watches and iPad devices over the past few years to Vietnam. Some iPhone production also turned into India, after years of dependence only on Chinese factories.

Samsung Electronics has invested in South Korea more than $ 20 billion in Vietnam since it started opening the factories there for nearly two decades. More goods are now producing in Vietnam from China. Last year, it produced nearly $ 70 billion of goods in its Vietnamese factories, most of which was export.

Mr. Trump’s policies also hold the decisions of the smaller American companies. Brenden McMuoro, co -founder of Move2Play, a Torrance -based game maker, said the company has built all its products in China since it started about nine years ago. But it began to think about factories in Vietnam or India to protect from the Chinese import tariff.

In Vietnam, I found that the factories managed by Chinese companies that use materials from China were not much cheaper. Instead, I decided to try a test to manufacture one of her games in India – a decision that Mr. McMorrow said it seems better with the noble tariff imposed on Vietnam. He studied whether it could be made in the United States, but he said the costs were almost five times higher than China.

Despite the high cost of definitions, he does not see production more vigor now.

He said: “I do not think it is really logical to invest in trying to do a lot of this manufacturing in the United States if the next president comes and reflects the training course on all these definitions, you will be in a terrible place.” “It makes sense to be committed only to the place where we are currently manufacturing and do not make large movements.”

Damian caveand Jack Nikasand Victoria Kimand Alex Timelyand Shui Sang Hindand Sui Lee Wei and David Pearson The reports contributed.