It is scheduled to enter into force of US President Donald Trump as part of April 2. He said earlier that no country will be imposed on “all countries” and not just a small group. Trump said April 2 will be the “liberation day” of the United States.
US Treasury Secretary Scott Bessin recently talked about a few countries with high customs tariffs called “Dirty 15” – 15 percent of American trade partners who impose a sharp tariff. Pesin did not reveal the exact name of the countries, but the list is likely to include the following names, as was ruled by the 2024 trade deficit report at the US Department of Commerce: China, the European Union, Mexico, Vietnam, Ireland, Germany, Taiwan, Japan, South Korea, Canada, India, Italy, SMIND, Malaysia.
In addition, the US Trade Representative (USTR) also highlighted 21 countries, including Argentina, Australia, Brazil, Canada, China, European Union, India, Indonesia, Japan, South Korea, Malaysia, Mexico, Russia, Saudi Arabia, South Africa, Switzerland, Taiwan, Thailand, Chile, Queen United, Vietnam.
Trump’s tariff is expected to differ from one country to another and through industries. The administration is considering imposing restrictions on the trade of various products, including medicines and semi -conductors. This step follows the last announcement of a 25 percent tax on car imports and parts.
In a related development, there was a recent threat to punish countries that buy Venezuelan oil. This indicates that the administration looks at commercial duties as a multi -use tool that can be directed to a wide range of goals.
The United States has about 12,500 separate participation and applies to trade with nearly 200 countries, indicating that the customs tariff will affect millions of bilateral relations. All this will require a customary tariff.
Meanwhile, according to UBS specialists, although the customs tariff increases, the average weighted tariff for the United States will only rise by 1.65 points.
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