Trump’s tariff enters 10 percent, raising fears of the World Trade War | Donald Trump News

It has entered into force the widest definitions of US President Donald Trump so far-a step that may lead to revenge and escalation of trade tensions, which disturbs the global economy.

The first “basic line” tariff entered 10 percent in the ports of the United States of America, airports and customs at 12:01 am US ES (04:01 am GMT on Saturday, as Trump’s full rejection of the post -World War II system of tariff rates is mutually agreed.

Among the countries that were struck for the first time with a tariff of 10 percent, Australia, Britain, Colombia, Argentina, Egypt and Saudi Arabia.

the Commercial gapsThe White House said, it was driven by “the absence of reciprocity” in relations and other policies such as “faded value -added taxes.”

Customs and US Border Protection Bulletin refers to the trucks to any period of allowing shipments on the water at midnight on Saturday.

But the American Customs and Protection Protection Bulletin presented a 51 -day grace period for goods loaded on ships or aircraft and in crossing to the United States before 12:01 am on East time on Saturday. These charges need to reach at 12:01 am Each time (4:01 am GMT) on May 27 to avoid a 10 percent duty.

Moreover, on April 9, Trump is the highest “Mutual tariffs” rates From 11 percent to 50 percent is to become an effect. European Union imports will be obtained with a 20 percent tariff, while Chinese goods will reach a tariff of 34 percent, up to the total number of new Trump fees on China to 54 percent.

Vietnam, which has benefited from the transformation of US supply chains away from China after Trump’s first trade war with Beijing, will strike 46 percent. However, on Friday, the country agreed to discuss a deal with Trump.

Canada and Mexico are exempt from Trump’s recent duties because they are still subject to a 25 percent tariff related to the American Ventanil Crisis of goods that are incompatible with the rules of American origin and Mexico.

“Beautiful Zalzali”

Michael Street, Director of Economic Policy Studies at the American Institute of Institutions, told Al -Jazeera that the American definitions have been very badly received by investors.

“This will have a really bad impact on the economic result of workers, families and companies,” he said, adding that this step “will constitute a tax increase ranging between 400 and 500 billion dollars this year on American families and companies.”

He said: “The combination of the significant increase in taxes and definitions would increase the prices of these imported goods faced by families (and) means that families will likely see a negative growth of income … that this alone will risk stagnation in the United States.”

Friday, China announced that it would impose it 34 percent tariffs On American products as of April 10. Beijing also said it will sue the United States at the World Trade Organization (World Trade Organization) and restrict the exports of rare ground elements used in advanced medical and electronic technology.

On Friday, Trump warned of social media that “China played a mistake”, saying this is something “they cannot do.”

Other major commercial partners have declined while continuing to digest the international confrontation and recession fears.

The Trump tariff declaration on Wednesday shook the global stock markets to its essence, as it spent 5 trillion dollars in the market value of the stock papers for the S&P 500 companies by Friday, a record decrease for two days. Oil and commodity prices fell, while investors fled to the safety of government bonds.

Economists also warned that customs tariffs can reduce growth and enlargement of fuel.

Kelly Ann Show, a commercial lawyer for Hugan Luvils, told the former White House trade consultant during the first Trump term at the Brukins Essential on Thursday that she expects tariffs to develop over time as the two countries have to negotiate lower prices.

“This is the largest single business in our lives,” she said. “But this is huge. This is a large conversion to a large extent in the way we circulate with every country on the face of the earth.”

Trump said on the social truth platform that “his policies will never change.”

However, his latest definitions have noticeable exceptions. Do not accumulate on a 25 percent tariff that reaches steel, aluminum and cars.

The White House said that copper and white products: besides “some critical minerals” and energy products, that copper, pharmaceutical preparations, semi -conductors and wood, along with “some critical minerals” and energy products.

But Trump is a matter of investigations into copper and wood, which may lead to other tasks soon.

It has been threatened by other industries such as medicines and semi -conductors as well, which means that any rental process may be limited.