US President, Donald TrumpIt is designed on Tuesday that the new tariff for Cars Which plan to impose about 25 %from April 2.
“I will probably say this on April 2, but It will be about 25 %”The leader of the Republicans said, who was promoted on February 14 of his intention to introduce these taxes in the automotive industry.
Trump added that for semiconductors and pharmaceuticals, tariffs will be 25 % or more ”and Very significantly grow during the year“
“The European Union was very unfair to usThe field is a shortage of 350 billion dollars. Our cars are not tolerated, our agricultural products are not tolerated, almost nothing is fond of, they get very little. We must fix this, and we will do it. I have no doubt about this, ”he said from Mar-A-Lago as part of the act of signing executive orders.
His statement is found in the European Trade Commissioner, Maros Sefkovich, meets Washington on this Wednesday with the main responsibility for the government branch of the United States Appeal to Trump’s decision to introduce “mutual” tariffs In the European Union for VAT tax, as well as for aluminum and steel.
The press secretary of the European Community Bloc Olof Gill said on Tuesday that Sefkovich will hold a meeting with the Minister of Trade of the United StatesHoward Lutnik, commercial representative, Jamison Grire and chief economic consultant Trump Kevin Hassett.
“Although we strive to find mutually beneficial solutions with our American friends, we are also ready defend our legitimate interests If necessary, ”said Gill, who emphasized that“ value added tax, VAT is not a tariff. ”
Mutual tariffs that Trump contemplate at the general level, they will not use homogeneousThe extension of 10 % or 25 % will not be used, but the administration will set specific rates based on tariffs and commercial “barrier”, which each country imposes on the United States.
“The EU had 10 % tax tax And now it has one of 2.5 %, which is exactly the same as ours. Thus, we have already saved a huge amount. It would be fantastic if all this were done. We will play on an equal footing then. In fact, what we do with tariffs is to charge that they blame us. This is called reciprocity, ”he said on Tuesday. (Efe)
Source: Aristegui Noticias
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
