The President of the United States establishes a universal rate of 10% for 90 days for all countries except China, against whom the war intensifies by increasing the rates to 125%.
The Commercial war undertaken by the President of the United States, Donald Trump, against the world on Wednesday another unforeseen scriptrotation.
The US President The Economic War with China is intensifiedthat has raised the rates to 125%, but parallel has one 10% universal rate for 90 days To countries that have not taken revenge against the United States. Trump has justified the tariff break to ensure that “people were a little scared.”
In a message on his social network, Trump explained that this break is due to the fact that these countries have tried to negotiate with Washington and “have not taken reprisals against the United States in any way.”
“I have a 90 -day break and a substantial reduction in the mutual rate during this period, of 10 %, also with immediate effect,” he said.
The President of the United States has assured that he is planning to reach a commercial agreement with China and “each” of the other commercial partners of Washington, but warned that “they should be honest agreements”.
Surprisingly, the White House has recorded the European Union In the list of countries that have not yet taken reprisals against the US First package of measures), So for three months it will be subject to a rate of 10%, instead of 20%.
During a press conference offered after Trump’s message, the American secretary of the treasury, Scott Bavens, confirmed that the first tariff negotiations will be carried out with Vietnam, Japan, South Korea and India.
Bavens presented the partial ceasefire as part of the president’s strategy and not as a response to the recent decreases of the stock markets, so that the actions of Trump have had an effect through some of the countries closest to China, such as Vietnam, to seek agreements with Washington.
“They do not respond with reprisals and will be rewarded,” Bavens said by defending Trump’s negotiation position.
As explained, this break can open a space for the dialogue to reach new commercial agreements with the 75 countries that have contacted Washington according to the White House.
“We are willing to listen to every country in the world that wants to come and negotiate,” said the treasury head.
“They kiss my ass”
Trump mocked on Wednesday evening of the dozens of countries who contacted the White House to find a negotiated solution for rates.
“These countries call us. They kiss my ass. They die before reaching an agreement,” Trump told the Republican Commission.
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.
