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The President Donald Trump signed a memorandum on Thursday, which directs his advisers to draft new “fair and reciprocal” trade tariffs on all the main American trade partners.
This move, which aims to oppose what the president sees as unfair trade practices, is a decade-long global trade system and could be placed in heated international trade negotiations.
“For many years, the United States is treated unfairly to trade partners, both a friend and enemy,” The memo He says. “This lack of reciprocity is one source of the large and lasting annual trading deficit of our country in goods – closed markets abroad reduce the United States export and open markets on domestic imports.”
The new tariffs would in non-foreign subsidies, but also foreign subsidies for the goods, but also foreign subsidies, but also foreign subsidies, and import tax – all the things that Trump claims to give other nations unfair.
Tariffs also aim to run production in the United States.
“If you build your product in the United States, there is no tariff,” Trump told Oval Office, According to New York Times.
Outdoor reports, referring to the official white house official, the Trump candidate for Howard Lutnick and Jamieson Greer, and Trump’s choice for the Trade Registrar, along with other advisers, together with other advisers. The final numbers could be ready as soon as it is 2. April.
American trade policies, including tariffs, decades, are decades placed through negotiations in institutions such as the World Trade Organization. If Trump’s new tariffs come into effect, they would replace the old system for a new process that is aimed at only the US and its interests.
The new tariffs are likely to cover intensive negotiations with economies that rely on export to the United States, and even trade wars with the authorities decided to conquer with their own tariffs.
2025-02-13 22:45:00
