What to see to kick the “mutual” tariffs in Business and Economics News

At 12.01 am EST (04:01 GMT) on Wednesday, US President Donald Trump “mutual” “mutual” Definitions It will start, which leads to an increase in a global trade war that led to the decline in stock markets and the placing of companies on the edge of the abyss.

Trump has long promised definitions of American trading partners, including while they were in the work campaign last year.

Some of the targeted duties, including those that exist Steel and aluminumHe was in place for weeks.

On April 2, Trump revealed the “liberation day” tariff against dozens of countries, and to send it Securities Markets in Noseedive While investors digested the possibility of ending the era of globalization and free trade.

Since then, many prominent Trump supporters have raised concerns about the Silvio Trade.

Bill Akwan, CEO of the hedge Fund Pershing Square Capital, has called the administration publicly to stop the definitions to give time to the United States and its trading partners to conclude deals.

On Tuesday, White House press secretary Caroline Levitt explained that Trump has no intention to delay the definitions, although there are more than 70 countries Continue to start negotiations.

As the deadline for the middle of the night approached Tuesday evening, analysts resigned, so the definitions would be a reality.

“I expect the definitions to enter into force as I declared,” said Gary Hofbauer, a colleague who is older than the Peterson Institute for International Economy.

“This will be painful for consumers and uncertainty in business. The stock market will decrease.”

Rachel Zimba, assistant colleague at the new US Security Center, said that she expects negotiations to continue, even as Trump doubles on the definitions of China and adhere to other definitions.

Zimba said that the challenge is the fact that “Trump’s desire for no commercial deficit will make it difficult to formulate deals.”

Economists say prices will inevitably rise to consumers – and the only question is the amount of the amount.

‘Tit for tat is on’

When the world interacts, it will be the most important country to see it China.

After Trump said he would impose an additional 50 percent tariff on China in response to its retaliatory measures, the import taxes on Chinese goods are scheduled to rise to 104 percent.

“The Chinese tariff will be 100 percent of all Chinese exports to the United States,” Vienna Nadjipola, Vice President for Research and Strategy at the Asia Pacific Foundation in Canada, told Al Jazerera.

This will not only increase prices in the United States, which depends heavily on Chinese imports, but it is also possible that Beijing will pay to expand trade in other markets, including Europe and Southeast Asia, which leads to the effects of ripples on those economies.

“The higher the number of China and the United States (trade war), the higher the repercussions of Southeast Asian countries and other economies around the world,” Nadjipola said.

Regardless of China, the European Union announced last week a number of counter -measures, as Canada did. The other major commercial partners, including Japan, South Korea and Vietnam, rejected revenge in negotiations with the United States.

The markets will see the results of these commercial talks closely in the coming days and weeks, as investors are strongly seeking clarity on whether Trump’s tariff is a temporary tactical negotiation or just a start to permanently rearranged global trade.

Zimba said that investors would be advised to sit tightly until then.

“Do not borrow for investment and do not invest money you may need immediately,” Zimba said.

“At the present time, the Tit-For-Tat is run, and the global economy will be challenged,” she added.