The President of the United States Donald Trump announced on Monday that there would soon be tariffs for cars, although he indicated that not all the fees with which he threatened would be imposed on April 2, and some Countries may be exceptions.
This measure was interpreted Wall is stroke As a sample of flexibility in a problem that puts forward markets for several weeks.
At the same time, Trump opened another front in the global commercial war, inserting 25% of secondary tariffs for any country that buys oil or gas in Venezuela, a solution that caused raw oil prices.
In the White House, Trump told the press that not all new tariffs would be announced on April 2, and that he could provide tariff release to “many countries”, but did not provide details.
Bloomberg And Wall Street Journal Earlier they reported that the government would adjust its approach to a wide tax package that Trump said that they would be imposed on April 2.
American actions closed on Monday with a general growth of optimism that tariffs, which will be described in detail next week, may not be as extensive as expected. The S&P 500 index increased by almost 1.8%, closing at the highest level in more than two weeks.
Meanwhile, Trump said that the United States will introduce tariffs for cars, pharmaceutical products and aluminum in a very close future, claiming that they will need all these products in the event of wars or other problems.
Car tariffs will enter into force in the next few days, announced Trump later, adding that wooden tariffs and semiconductor chips will be used later.
“We were deceived by all countries,” Trump said after the meeting of his office and predicted that industry and mutual tariffs planned for April 2
Trump, which confirmed that countries can still avoid taxes if they reduce their tariffs or transfer of production to the United States, also announced investment on Monday of 21,000 million dollars from the South Korean group Hyundai Motor Group 005380.ks In the United States.
According to the President of the White House, in Louisian, these investments will include a new steel factory of $ 5.8 billion, with the president of Hyundai, Euisun Chung and the governor of Louisiana Jeff Landry.
Mexican peso leads global profit after Trump comments on exemptions from tariffs
The weight of the Mexican weight was appreciated on Wednesday than its main international couples after US President Donald Trump said that he could give tariff exceptions for many countries.
The presidential statements followed in the presses on weekends in which it was directed that their administration could exclude a set of bets for specific sectors, using mutual encumbrances on April 2.
Local currency quoted in 02.0284 per dollar Almost at the end of the business, with a profit of about 1% compared to the reference price of LSE on Friday, interrupting the three -day series of losses.
“Today, Trump’s vision with some flexibility in relation to certain countries, but with its hard tone at the stage of industry tariffs (cars, as well as with wood in the future),” said Monex Financiero Grupo.
“From our point of view, it would be premature to think that the markets have found their turning point, because although today a commercial aircraft shows some progress, problems are preserved at the economic level,” he added. (Reuters).
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.
