President Donald Trump cannot stop againstHis tariff plans.
He says he is on the way to cut off several new business deals in a few weeks – but he has also suggested it“Physically impossible”hold all required meetings.
Trump said he will only set new tax rates to be discussed within the American government in the next few weeks – although he has already done so on April 2“The day of redemption,”whichcaused the global economy to tremble.
The Republican president says he is fully discussing with the Chinese government on tariffs – while Chinese and American Treasury Secretary Scott Bessent have saidThe negotiations have not yet begun.
What should one believe? The real game is that uncertainty will continue in such ways that employers and consumers expect to destroy the economy and that they leave foreign leaders shooting their heads in anxiety.
And the result of all these tariffs is great.
Trump setTotal tariffs of 145%In China, causing China to avenge 125 percent tariffs in America – essentially leads to trade war between the world's largest economy and the ability to bringThe economic decline.
Trump's negotiating business deals with himself
The president told Time newspaper in an interview issued on Friday that 20%, 30% or 50% tariffs per year from now will be “a complete victory,” although the fear of the financial market led himTemporarily reduce its basic primary tariffs up to 10% for 90 daysWhen negotiations take place.
“The program is a program that I choose,” Trump said in an interview. “What I do is that I will do, for some time in the future not too far away. I will set a good tax price for different countries.”
If that confuses national trade partners, it also mounts anxiety at home.
A Federal Park beige bookA collection of anecdotes from American businesses prepared eight times a year, on Wednesday reported a huge spike for uncertainty among American companies that made them restore to hiring and investment in new projects. The term “uncertainty” rose 80 times, compared to 45 in early March and 14 in January.
More The idea that Trump plans to set a certain amount of tariffs in place, world finance ministers and company executives who gathered last week in Washington forInternational Funding Fund ConferenceHe said in a personal discussion that the Trump administration did not provide a real explanation about its goals for major negotiations.
“There is no effective strategy at the moment on what tariffs deserve,” said Josh Lipsky, senior director of the GeoeConomics Center in the Atlantic Council. “My talks with ministers and governors this week at the IMF meetings have not really understood what the White House wants, and they should not negotiate with whom.”
Some countries are trying to make talks continue
Swiss President Karin Keller-Sutter, in an interview with presenter SRF released on Friday, said after a meeting with Bessent that Switzerland would be one of the 15 countries that Merika had planned to hold “lucky” talks. But he said the understanding agreement would have to be reached for negotiations to begin officially.
He was happy at least to know who to talk to, saying that “we have also been given some communication person. This is not easy in American administration.”
Nations use different methods of negotiations.
South Korean officials who met with their American counterparts this week say they asked specifically for the tariffs to be raised to work on an agreement by July. The European Community has pushed to cut tariffs up to zero on both sides, although Trump refuses for European countries to cost an increased tariff, which is equivalent to sales tariffs that he says hurts American goods.
Trump continues to highlight the hope that negotiating agreements with other countries will happen despite his claim that he will sign his own treaties and lack of clarification on how the process is moving forward.
“I'm very involved with Japan,” Trump told reporters on Friday. “We're very close to the plan.”
As part of the plan with Japan, the Trump administration has publicly called on the Japanese government to change its security standards that put greater focus on pedestrian safety. But the steering wheel on the autos sold in Japan are on the right, while American operators place their wheels on the left.
“I don't think if left cars are selling in Japan,” Prime Minister Shigeru Isiba told a parliamentary session this week.
“We want to make sure we do not seem to be unfair,” Isiba said, and proposed the possibility of reviewing the Japanese car safety standards.
Higher prices and shortages are possible
While Trump continues to provide conflicting information on tariffs, companies are looking at high prices, low sales and shelves at the store due to limited shipment from China.
Ryan Petersen, CEO of Flexport, Supply Company, said on the social media website X: “In 3 weeks since tariffs began, the conservation of Chinese maritime to Merika is under a 60% broader industry.”
Users get notifications via email and social media from retailers that lights, furniture and other home appliances will now include tax -related payments.
AFINA shower company on Wednesday reported on an attempt to see if people would buy an American -made product that costs more to import. Their Chinese shower sale made in Chinese for $ 129, but making the same product inside would take the price up to $ 239.
While customers on the company's web was given an option between a shower head in USA or a cheap price made in Asia, there were 584 purchases of a $ 129 model made abroad and not a single domestic shower head.
Ramon van Meer, founder of Afina, concluded in her written analysis: “If policy makers and pundits want to rebuild the American industry, they need to argue with this fact: consciousness does not always live in contact with the price label.”
This story was previously shown Bahati.com
Source link