Guide not to get lost with Trump’s rates

The Rate policy US President Donald Trumphas included a considerable number of advertisements, some corrected and qualified later, and has a Alud By harmful countries and blocks.

To date, the rates for steel and aluminum imports and applied, with various intensity and reach, products from Mexico, China and Canada, are in force.

After Trump’s threat to tax wine and other alcoholic beverages of the European Union (EU), the situation is as follows:

American rates are already in force

Since March 4:

· 25 % rates for import from Mexico and Canada (10 % for Canadian energy products). Of these taxes are currently exempt from the automotive sector and the goods that fall under the free trade agreement (T-MEC). In these areas, the obstacle will be in operation on 2 April.

· 10 % rates for Chinese products. This right of retention is in line with another earlier 10 %, in force since February.

Since March 12:

· 25 % rates for steel and aluminum import from all countries in the world, although Trump endangered this rate up to 50 % in the case of Canada.

American rates announced and dated

April 2:

· The rates of Mexico and Canada protected by the T-MEC and those of the automotive sector of those two countries, which were temporarily omitted.

· The entry into force of rates in the import of agricultural, pharmaceutical and car (in general) rates is expected, in addition to microchips and semiconductors. They can be around 25 %.

Usas announced, but without a final date

On 13 February, the US announced the imposition of “mutual” rates for countries that tax American products. Trump gave a period of “weeks” or “months”.

Threats of American rates

On February 21, Trump signed an executive order that threatens to impose rates on countries that apply digital rates to American companies.

This Thursday, the US President threatened to impose a 200 % rate on wine and other alcoholic beverages of the European Union (EU) in retaliation for Brussels plans to burden the import of American whiskey.

Repers from other countries and commercial blocks

All these measures have generated an avalanche of answers by those affected countries or blocks and have also announced measures against the US:

· EU: The European Commission (EC) will apply gradual rates for the import of American products with a value of 26,000 million euros in response to the taxes imposed on the export of steel and aluminum.

On April 1, American products will be charged with 4,500 million and on 13 April for 18,000 million.

BRVVED products are a mixture of industrial goods (steel, aluminum, textiles, devices …) and agricultural (grain birds, beef, eggs, vegetables and food from the sea).

· China: On 10 February, the Chinese government imposed two tariff packages on American products and another on 10 March. These levies vary between 10 % and 15 % and influence goods such as oil, gas, coal, cotton, cotton and agricultural and livestock and livestock farms.

· Canada: The Canadian government gravel since Thursday (March 13) with 25 % rates for a series of American products with a value of $ 20.7 billion, including computers, tools and steel.

These rates, with which Canada responds to American taxes on steel and aluminum, contribute to those who have been applicable since the beginning of March to products with a value of 30,000 million Canadian dollars (19,170 million euros).

· Mexico: Mexico is waiting for 2 April to respond to rates imposed by the US.