President Trump announced that America could be one of the most strong economic policies when the new tariff system replaces the tax imports system with a new tariff system.
The president said that the tariffs called unfair treatment by the rest of the world and reflect the results of factories and works return to the United States.
Mr. Trump, “Markets Boom Boom” and “The country goes to the boom,” said Mr. Trump, because the global financial markets had the largest route over the years. He added that other countries have been “for many years for many years.”
Economists' calculations were more sad in predicting that the president's sweeping tariffs and probable revenge will slow down the US economic growth and make life difficult for enterprises depending on international supply chains.
The event of the President is consistently and complex in both. Here's what you need to know.
What did the President do?
Mr. Trump announced two major tariffs for the world. A component is a “main line” tariff that will be widely applied to all US imports, except for the products from Canada and Mexico.
The second event is what the president called the “mutual” tariff. This will appeal to 57 countries that Levy said that Mr. Trump's American exporters have high tariffs and other unfair economic experiences. He said that this is a reciprocal tariff, as it is because other countries will meet the US attitude to the United States.
However, the tariff announced by Mr. Trump is not based on the tariffs of other countries or other economic barriers of US trade. The number is calculated on the basis of the US trade deficit based on the US trade deficit, the size of the United States, which is the size of which they purchased.
Reciprocal tariffs are about 1 percent to 40 percent and will be added to a 10 percent main line tariff.
10 percent tariff will come into force on Saturday and mutual rates on Wednesday.
Which countries did they most target by tariffs?
Tariffs put a heavy burden on the largest trading partners of China, Japan, Germany, Germany, Taiwan and Vietnam, including China, Japan, Germany, Taiwan and Vietnam.
Note that Canada and Mexico were not included. Mr. Trump, last month hit the countries with 25 percent of exports of exports, although the US-Mexican-Canadian agreement was excluded for products in accordance with the trade agreement signed in 2020. Mr. Trump, who are exposed to tariffs, was applied in the global-scale cars, steel and aluminum, and management decided that the closest neighbors of America did not need further tariffs.
However, new tariffs will hit other allies in an important grip. European goods will face 20 percent tariff, 24 percent and South Korean products will face 26 percent.
As the tariff calculates, the United States will receive many exported Asian countries, but it will see many prices that do not receive much.
Chinese exports are facing an additional 34 percent tariff. This is at the top of 20 percent tariff, in the last months and Mr. Trump applied on other roads from the first period. As a result, some products from China will face 79 percent tariff.
Vietnam – Mr. Trump'nın tariffs in the first period of Mr. Trump, they transferring their factories, and now it will result in a 46 percent tariff, and Cambodian exports will be increased to 49 percent.
The White House claims that these countries have already been severely sanctioned, Russia, North Korea, Cuba, Cuba and Belarus did not apply. The import of USDR Russia was $ 3 billion last year; It is smaller than small countries, like Lesotho and Falkland Islands, which is small, but Mr. Trump has chosen with important tariffs of Mr. Trump.
What is the purpose of the president?
The presidential and consultants are so painful for their goals, they force companies to make their products in the United States. They claim that it will create more American jobs and push the salary.
“If you want your tariff speed to be zero,” Mr. Trump, outside the White House, “you are building your product in America.”
One of the biggest questions sees the president's tariffs as a conversational tactic and wanted to take them out in exchange for concessions of other countries.
The management gave mixed signals on this front. The president seems less likely to eliminate the 10 percent main line tariff on a global scale. If management is really looking for trade deficients to overcome the United States with other countries, it can be difficult if it is not possible.
However, in the decree signed by the President, the president, the countries eliminated unfair trade experiences, or the lack of trade in the United States can return mutual tariffs.
Trading Secretary Howard Lutnick described the trade barriers of other countries as “as a monster who needs to be killed.
“Our teams talk to all the great trading partners today,” Mr Lutnick Bloomberg TV on Thursday. “It's time for them to look for a deep spirit on how badly treating us and how to properly.”
How did they come with numbers?
Mr. Trump, the tariff rate of each nation on Wednesday, “said that all tariffs, non-monetary barriers and other forms of other forms of deceptions are calculated on the basis of a combined rate. However It turned out Their methodology turned around something more straightforward: the space between America's exports and what they import.
The White House came out a complicated-looking formulaBut it boiled in a simple proportion. Countries that send more goods to the United States will face “unbalanced” trade and higher tariffs.
This formula does not take into account any comparative advantages or the fact that countries trade the trade goods, because some can trade some products than others and increase their benefits. Instead, any trade deficit from the management's point of view seems to be bad and the tariffs will be applied until the tariffs are eliminated.
How are tariffs doing?
Tariffs will immediately increase the price of importers that bring to the country next week. Typically, these importers are US companies.
For example, if Walmart brings a $ 10 shoe from Vietnam – 46 percent faces the tariff – Walmart will pay $ 4.60 in additional tariffs to the US government.
It's less clear that the next happens. Walmart, Walmart's less pay for the product, can try to force the Vietnamese shoe manufacturer. Walmart can fall to the limit of their own profit and master the value of the tariff. Or, it can collect the price he sells shoes in stores.
Economists, when Mr. Trump laid Tariffs in China, this value was given to consumers. However, economic research saw that the tariffs of steel were slightly different; Only half of these costs were given to customers.
Calculations change, but in the scale of Mr. Trump's new tariffs, American households may see thousands of dollars every year. A research group, a research group, a research team, the average $ 2,100 of American households will pay $ 2,100 to $ 2,100, they will pay an additional $ 2100 to pay a larger share.
The special high tariffs applied by the Trump management to many Asian countries, say that the price of many consumers, including shoes, clothing and electronics.
The government will earn more income than tariffs that Trump management promises tax discounts. Last year, the value of tariffs for all the goods imported by the United States was $ 78 billion. With the new tariffs announced on Wednesday, the world's trade partnership was analyzed by a research company in Washington.
What happens next with the economy?
Tariff announcement occurred in the stock markets because investors are significantly harmful to the listed companies.
It is not yet clear how other countries will take revenge or how. However, if they apply their tariffs to US products, it is likely to damage the exporters and the growing spark of trade wars.
Many analysts quickly lowered the forecasts for economic growth, said that tariffs will increase the cost of consumers and expenses, slow and economic activity.
Nancy Lazar, Piper Sandler, the senior global economist, the US economy could agree 1 percent in the second quarter. They previously waited in a straight quarter. “This is the immediate value of the economy,” he said.
Economists, Thursdays, Tariffs in Fitch Ratings have significantly raised the risk of recession in the United States. The tariffs will squeeze the true salary and the consumption will result in higher consumption prices.
Tariffs will also have to cause a decrease in corporate interests to drag business investments in the United States, along with the uncertainty of politics. In general, the effects of “US companies have the benefits that can get from protection from the protection of the foreign competition,” Fitch Economists.
Lazaro Gamio and Colby Smith Contributing report.