Trump’s first round of definitions here is almost

Electronics, Avocado, vegetables, cars, tractors and raw oil – these are some things that may become more expensive for consumers. During the proposed plan of President Donald Trump, goods coming from Mexico and Canada will be subject to a 25 percent tariff that starts on the first of February. White House journalist Caroline Levitt said Trump “is still being studied largely” the definitions in China on the same day. As of Thursday, the details of these plans were Still in the air.

The sweeping customs duties were one of the promises of the Trump campaign that preceded the elections in November. It is precedent threatening It reaches 60 percent of the tariffs on the goods from China, a 100 percent tariff on the goods from Mexico, and even a 200 percent tariff for imported John Derry products in the United States. Nevertheless, Trump failed to impose any tariff on the first day of his presidency Bloomberg Reporting On Thursday that his administration was lacking in the concepts of the plan. His first tour is now supposed to strike the goods from Mexico and Canada, the largest commercial partner of the United States.

Trump described the definitions “the greatest thing he invented ever”, but he either does not understand how they work or lie regularly. For years, he claimed that Country or company export The bill will be made. Despite what the president and It seems that the topics of viral videos believeHowever, the exporting state government does not pay the tariff – pays the importer (such as the retailer or any other entity), and in general that the additional cost is Go to the consumer By shipping them more for item. If the company imports the shirts from Mexico and sells it for $ 10, for example, it will add a $ 2.50 tariff to its costs, and it is likely to raise the price of your shirt to cover this.

As of this week, Trump was also studying a 10 percent blanket tariff on goods from China, the third largest commercial partner in the United States and a source of everything from cheap clothes and home commodities to electronics.

Tensions between the United States and China have prompted some industries and companies to try to diversify supply chains – including Apple, which have Transfer part of the iPhone manufacturing from China to India. But industry groups warn that the import tariff will Increase the prices of consumers and Reducing spending in the United States. Consumer Technology Association analysis estimated This is according to the original tariff proposal by 60 percent of Trump around China, the price of the laptop may increase by 68 percent and smartphones can jump by 37 percent. Some estimates Suggest The high prices of technical products – many of which are produced in China – may lead to a decrease in consumer spending by billions of dollars.

In addition to the direct impact on prices, the target countries may take revenge for their definitions. Canada According to the planning for the revenge definitions It targets products made in Republican states and swinging. Mexico President Claudia Shinbum said the country also has a plan in response to the potential American definitions, Reuters I mentioned These targeted products were chosen to strike the areas that voted for Trump. Once again, the United States government will not pay for its price, but the definitions can be crowned through global supply chains and reduce the demand for American products, such as What happened to soybeans during the first period of Trump.

Trump said that the customs tariff for Canada and Mexico are punished for immigration, as well as fentanel coming to the United States from both countries. But it also uses them as trivial bargaining chips – earlier this month, it is A brief pledge to impose a tariff On Colombian imports such as coffee unless the country accepts military deportations.
It is likely to be a tariff like definitions, there is a lot of “IFS” here. Trump’s administration is already on its own schedule. It is said that he still does not know exactly the definitions you will impose. A change of a comprehensive policy – a chaotic freezing of federal funds – was prohibited immediately by a court and then He walked Amid confusion and general anger. Therefore, anyone who guesses the period in which the comprehensive trade war can continue-if this happens at all.