President Trump’s announcement of the overwhelming customs tariff for trade partners in America has expanded the dispute between the United States and some of its closest allies, with the reinstalling of the global economic system.
Mr. Trump’s plan, which was unveiled on Wednesday and called “mutual”, will impose a wave of definitions on dozens of countries. Among the most affected major economies, the European Union, which would face 20 percent of the customs tariff under the plan, and China, will absorb an additional 34 percent at the top of the existing fees.
“The scope and size of the definitions are large and confirms the worst fears of free trade supporters,” said Eswar Brasad, a professor at the Dyson School at Cornell University. “Trump launches a new era of protectionism that will be repeated all over the world.”
Mexico and Canada, one of the largest commercial partners in the United States, will not undergo any new tariff outside the fees previously announced by imported vehicles, vehicle parts, steel, aluminum and any other goods that were not circulated under the rules of the United States, Mexico and Cananga Convention.
The new fees include a 10 percent basic line on all countries except Canada and Mexico, in addition to an additional tariff based on the definitions that other countries apply to American exports and other barriers that the administration considered is unfair.
Asian countries were one of the most difficult blow. The customs tariff for Japan and India will be more than 20 percent, as countries such as Vietnam, Cambodia, Bangladesh and Sri Lanka face more severe rates.
Exigler, a data analysis company, said that the burden can decrease on Chinese exports, which will face $ 149 billion of additional tariffs, while Vietnamese goods will face $ 63 billion, Taiwanese products 37 billion dollars and Japanese goods 36 billion dollars in definitions. The company described the announcement as “a tremendous political transformation that would reshape the sources, pricing and geopolitical strategy.”
The multiple associated associated with the world partners has left.
European allies have announced plans to take revenge on a previous wave of tariffs of steel and aluminum, and they were evident that they could respond to the increasing commercial conflict by creating barriers for services such as large technology companies. Others More waiting and looking He approaches.
Prime Minister Anthony Albaniz from Australia said the United States, which imposes 10 percent of the customs tariffs on the country “has no basis in logic.” He said that Australia will not race for revenge, saying that the country will not “join a race to the bottom that leads to high prices and slower growth.”
In Mexico and Canada, there was a silent feeling of avoiding a new series of definitions. “This is good news for the country,” said Louis de la Kali, a Mexican commercial expert. “It allows us to protect our arrival in the United States market.”
But analysts have warned of a lot of optimism, because both countries are already facing a large number of fees imposed. Mr. Trump said that the definitions of Canada and Mexico are aimed at reducing the flow of fentanel to the United States.
Prime Minister Mark Carney from Canada said: “He has maintained a number of important elements in our relationship, but the fentian tariff is still in place,” said Prime Minister Mark Carney from Canada. “We will fight these definitions with counter -measures,” added Mr. Carney, who spoke shortly on his way to the cabinet meeting.
The common thread is that many American friends are increasingly finding themselves playing defense against Washington, a situation that can change international relations and world order for years to come.
Many are interrogating What are the final goals that may be.
Mr. Trump has sometimes argued that he wanted to compel companies, including automobile companies and drug makers, to produce them in the United States. He also said that the point is simply correcting injustice. He said the definitions will help pay the costs of tax cuts.
For global partners in America, The purpose is important. If the point is to make the trading system more fair, this indicates openness to negotiation. Europe can fill with any tariff on cars, for example, to try to pressure the Trump administration to take a less aggressive position.
If the point is to raise money for American cabinets, then this is A more difficult starting point Commercial partners. In this case, finding an agreement reduces the planned definitions means reducing any possible revenue.
Given the uncertainty, American partners are trying to learn as much as possible about what will happen, while they move Measuring responses.
For example, Europe has taken a more aggressive position on many individual countries – as it announced plans for revenge definitions on whiskey, motorcycles, agricultural commodities and a wide range of other products in response to steel and aluminum graphics. But it has already been delayed by these measures until mid -April, and politicians have not yet announced how they reacted to the latest round of definitions.
Instead, officials have made clear that they are ready to respond strongly – including, perhaps, using a recently created tool that allows them to put relatively rapid sanctions such as customs tariffs or market access restrictions on American technology companies.
The goal is to get the leverage. European Union countries are trying to throw the weight of the consumer market in the 27 countries ’bloc to force Washington to negotiate.
But decline plans have become more difficult because other geopolitical issues have become closely intertwined with the trade conflict.
For Europe, military goals and technological organization in the conflict have become. The United States wants the European Union to bear more Defense burden Also connected to the restrictions imposed on large technology companies, including regulations that aim to ensure that they impose content standards.
The question is how quickly the response is. European leaders have made it clear, for example, that they first want to digest the details of the latest round of definitions.
“They do not want to escalate – the desire to make deals,” said Motaba Rahman, the Managing Director of Europe at the Eurasia Group, a political research company. But he added that there is a risk of escalating the situation and that Europe can come after American services in the coming weeks and months.
“You have to fold the economic muscles to be reliable with this administration,” he pointed out.
Polina Veligas It contributed to the reports from Mexico City; Ian Austin From Windsor, Ontario; and Victoria Kim From Canberra, Australia.
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