Donald Trump Declared plans to impose 25 % sweeping Definitions On Wednesday cars on Wednesday, the US President is expected to announce large -scale paintings on other goods from all over the world.
“What we will do is a 25 % tariff for all cars that have not been made in the United States,” Trump said in the Oval Office. “We start with a 2.5 % base, which is what we are, and we go to 25 %.”
The president has been in effect next week, on April 2, and the United States will start collecting it the next day. “This is very exciting,” he said, indicating that this step will stimulate economic growth.
In February, Trump floating A 25 % tariff idea on imported vehicles, but no other details were provided. On Monday, the president hinted that the auto industry can come in the “very near future”.
On April 2-one day, Trump called “Liberation Day”-the president is expected to reveal a wide range of the so-called mutual definitions-on imported goods that the Trump administration is subject to an unfair tax by trade partners in the United States.
Trump has long argued that the United States is cheating by its trading partners and that the customs tariff is the best treatment. However, he has delayed or cleared his identification plans on several occasions. His position on investors has been worried, which led to sharp sales in the American stock markets, and it has proven that it is not popular with both American companies and consumers.
Several economists have also expressed warning, warning that the president’s tariff plan would risk increasing prices throughout the United States. A study by Anderson Economic Group, Automotive Adviser, For exampleI found that the customs tariff for Canada and Mexico risked the increase in US car prices by $ 12,000.
Mexico, Japan, South Korea, Canada and Germany are among the best automobile sources in the United States. Will Charf, a White House official, claimed that the new car tariff would lead to more than $ 100 billion in the annual revenue of the United States.
“No fear, we will win everything !!!” Trump wrote about the social truth earlier this month, claiming that the customs tariff had already “poured money” in the country.
But a Harris poll It was found for the Guardian that the majority of Americans were already concerned about the tariff for their financial resources. Ninety percent of Democrats, 69 % of independents and 57 % of Republicans have been concerned about the definitions.
The alarm groups looked on Wednesday. Candice, President and CEO of the Canadian Chamber of Commerce, said: “Getting rid of tens of thousands of jobs on both sides of the border will mean giving up the role of driving in North America, and instead encourage companies to build and employ anywhere but here,” said Kandis, President and CEO of the Canadian Chamber of Commerce. “This tax height puts plants and workers for generations, if not forever.”
