Washington – Trump president officially began to increase import taxes in dozens of countries on Thursday, the threats of the months began to cause damage to the US economy.
White houses said after midnight EDT, the goods of more than 60 countries and the European Union has been 10% or higher rate rates. The European Union products are taxed in 15% of Japan and South Korea, and the imports of Taiwan, Vietnam and Bangladesh are 20% taxation. The Lord Trump also expects places like EU, Japan and South Korea to invest in hundreds of billion dollars in the US
He immediately led his rates to his true social platform, saying: “It’s midnight !!! Thousand million dollars are poured into the United States!”
One hour before that, “Mutual tariffs are largely, from countries that have advantaged throughout the year, it will begin to reach the United States. It would be a radical court that our country wants to fail.”
Wednesday afternoon, Trump said, “I think it will be preceded by” USA “to take hundreds of dollars in dollars.” But he could not give it a specific figure about income, “we don’t know what it is” in terms of fare rates.
Despite the uncertainty, the White Trump House is sure that the appearance of its wide fare will give clarity on the path of the largest economy in the world. The administration believes that companies understand the US direction, the Administration believes that it can cause new investments and start jumping to repeat the US economy as a manufacturing capacity.
But so far, there are signs of American self-inflicted wounds, due to the influence of new taxes and consumers. The data changed in April, in April, changed the initial rates of the President, marketing drama, negotiating period and the final decision of Lord Trump to start his universal rates on Thursday.
After April, economic reports showed that the recruits began to stop, when inflationary pressure began to prevail from upward and home values, John Silvia said, Director General of the Dynamic Economic Strategy.
“The less economic economy needs less workers,” said Silvia in a study note. “But there is more, higher rate prices are the actual lower salary of employees. It has been less economy, and companies cannot afford real salary like first. Actions have consequences.”
Then the latest transformations of the tariffs are unknown and they can play for months if they are not years. Many economists say that the risk is that the American economy must be constantly eroded than falling immediately.
“We all want to be made for television where this explosion is where there is.” It’s not like that, “Brad Jensen said, a professor at Georgetown University. “It will be a fine sand in gears and things will slow down.”
The Lord Trump has promoted fares as a way to reduce the permanent trade deficit. But importers wanted to avoid taxes by importing more goods before entering taxes. As a result, 582.7 billion trade imbalance has been 38% higher than in 2024. The total construction fell by 2.9% in the last year, and Mr. Trump has ordered work losses.
Until Thursday, Trump fits the nature of Mr. Fariffs Slapdash, throwing back, back, delay, increased, lettering and frenetrically imposed.
The process has been so smearing that officials for key trade members are not left at all, whether the rates will begin on Thursday or Friday. The Language of July 31 said from August 1, the higher tax rates would begin seven days.
Wednesday morning, Kevin Hastt, Kevin Hasset, asked new rates to be started at Midnight Thursday and the journalists should check in the office of the U.S. Trade representatives.
Trump Mr. He announced 25% rates to be imposed in India Wednesday because it buys Russian oil, it brings 50% of Indian import taxes. Indian Foreign Ministry has called new roles “Unjust, unfair and unreasonable”.
Swiss officials planned a “extra” meeting on Thursday after a delegation returned from Washington after an effort to start 39% from the Swiss. The government said in a x post. Karin Keller-Sutter was given by Washington on Washington, a fountain said to Reuters News Service, saying that the rate of 10% fare was denied.
Mr Trump said the import taxes still Pharmacy drugs come and announced 100% rates of chips on your computerIt means that the US economy could be suspended because the effects that could be in the place of animations.
President use of the 1977 law to declare economic emergency, imposing rates It’s also challenging. Before going to the U.S. appeal of the U.S., Mr. Trump can find other legal legal legal if the judges exceeded his authority.
People who worked with Mr Trump are skeptical that things will go well for the economy, such as Paul Ryan, a former speaker of the Republic of the house created as a Trump critic.
“No reason based on his opinions, based on his opinions,” Ryan said CNBC said on Wednesday. “I think the little moment I think they will have some legal challenges.”
However, the stock market has been very good during the drama drama, the S & P 500 index scales more than 25% in its April. Market Bounce and Income taxes Mr. Trump cuts in Mr. Tax and Expenditure On July 4, they have given confidence in the white house signed in law to accelerate economic growth in the coming months.
So far, the President also also predicts the economic boom while the rest of the world and the American votes wait nervously.
“There is a person, about the uncertainty that is emerging, and that’s Donald Trump,” said Rachel West, at work policy at the Senior Foundation of the 16th century Foundation. “The rest of Americans are already paying the price for this uncertainty.”
