However, the US president has not described which products will be influenced by their protectionist measures, or that there are exceptions. Moreover, this Tuesday is planning to apply an extra rate of 10 % to Chinese products and 25 % on imports from Mexico and Canada.
The US President, Donald Trump, continues with his golf rate and has announced that he will impose rates on the import of agricultural products from 2 April, in what his last threat is for commercial barriers for the goods that other states sell in the United States.
“To the large farmers of the United States: prepare to produce much more agricultural product to sell in the United States. Rates will be applied to external products on 2 April. Functions!”
However, Trump has not described which products will be influenced by their protectionist measures, or that there are exceptions.
The Spanish state exports to the Agri -Food products of the United States that are worth more than 3500 million euros, according to data from Datacomex 2024, an invoice of which 30 % (1013 million) comes from the income that has been obtained exclusively for the sale of olive oil To that destination.
After olive oil, export of arrivedwith 335 million euros, while the Table Olive It is the third game in importance (just over 200 million euros). Other relevant items come from the sale of the Horticultural sectorwith 74 million euros or 84 million frozen molluscs.
Trump has repeatedly described rates as “the most beautiful word in the dictionary” and has used it as a negotiating tool both in his first term (2017-2021) and in the current one to obtain concessions in trade, migration and safety.
Rate and protectionist wave
From his return to the White House on January 20, Trump announced the rates against different states, although he has applied one so far: on February 4 he imposed a tax 10 % on Chinese import.
This Tuesday plans to apply another rate of Another 10 % addition to Chinese productsThis increases the 20 % tax burden on those goods. These measures are added to the taxes imposed during their first mandate on more than $ 300 billion in Chinese products, which are usually valid. Moreover, Trump will impose This Tuesday Rates of 25 % to import Mexico and Canada.
The president has also announced new rates of the 25 % over steel and aluminumWhose entry into force is planned for 12 March.
Finally, in February, Trump announced the imposition of the imposition of “Mutual rates” To the states that take American products or apply what Washington regards as a kind of barrier, with the aim of leveling the rates that these countries apply to the export of the United States, and with The European Union (EU) under the most important affected.
There is still no date for the entry into force of these rates, because the first step will be the preparation of a report that analyzes rates and measures that each country applies. This document is delivered to the president, who will make the final decision.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
