A new fare was in the United States
This Saturday, the United States has activated a series of tariff measures that will impact almost all imports. From midnight (East Coast time), a 10% increase on most of the products that reach the country will begin to be applied. This decision, issued through an executive order by President Donald Trump, affects everything that is not already in transit or that comes from Canada and Mexico, as long as it meets the requirements of the USMCA treaty.
Motivations behind the new rates
The aim of the current administration is to face what they perceive as a ‘lack of reciprocity’ in commercial relations and deficits that are maintained with allies such as the European Union, China, India and Japan. According to Washington, these commercial disparities represent an ‘extraordinary threat’ for national security and the country’s economy.
Increased engravings and global repercussions
U.S. fare policy will not be limited to this new rate. 25% taxes on vehicles, steel and aluminum have already been implemented, and it is expected that, as of next week, some countries will face even higher. This includes 34% rates for China, 20% for the EU, 31% for Switzerland and 25% for South Korea. Trump has stated that only an ‘exceptional offer’ could reconsider this strategy.
International reactions to the measurements
The European Union’s reaction has been cautious, but without discarding retaliation. Commissioner of Commerce, Maroš Šefčovič, has had conversations with American representatives, describing the new rates as ‘unjustified and harmful’. Brussels has expressed his disposal to dialogue, but also warned that he is ready to defend his commercial interests, providing 70% of community exports in the USA.
China’s reaction and the expected consequences
China, on the other hand, has quickly responded by announcing that it will impose a 34% tariff on all American products from April 10, in a direct reaction to Trump’s shares.
A high -risk strategy
Trump argues that this fare climb is a way to re -industrialize the United States and reduce public debt. Despite the concerns of the markets and criticism of its commercial allies, the President remains firm in his position, ensuring that the new rates will contribute to the creation of jobs and to reduce the dependence on imports.
The future of world trade in play
With a clear approach to internal growth and an intention to pressure internationally, the United States trade policy enters a new phase that could transform global dynamics. It remains to see if the negotiations will prevail or if the world will be heading towards a large -scale trade war.