Today, President Donald Trump expanded to his A fair and reciprocal trade policy This is aimed at creating equal conditions for US workers and companies – and we hope to deal with many dishonest trade practices around the world that are aimed at the United States.
He uses a simple metric: if they tax us, we tax you. But if you reduce taxes on us, then we will be happy to lower the tax on you.
In fact, President Trump sees this as a path to a free trade.
And the taxes are really tariffs. So, one place the president singled out was the European Union for their almost 20% value added tax (VAT), which, yes, functions as a tariff.
In addition, they have a committee tariffs that are much larger than ours. On this result, President Trump has singled out 10% of the European car tariff, which is four times over 2.5% of America. That’s on top of 20% VAT. Of course, that’s obviously unfair.
And there are examples throughout the country: India has six times more than the tariff rates we do, Mexico three times, China almost five times, Brazil six times.
President Donald Trump signs new executive commands on reciprocal tariffs from an oval office.
AND The world trade system is broken for over 25 years. And most countries used America, aiming for her trade barriers to the United States.
There is no international court to repair it. The World Trade Organization is bust and is also corrupt, in bed with cinema.
So, President Trump will try to improve this by applying the reciprocal reference value of the tariff. It seems like a rather direct metric.
At this point, we don’t know exactly how much politics will go. Neither do we know how many tariff revenues will increase. These are important questions, but without answering.
In today’s pressure, Mr. Trump used a very moderate approach with a small key.
He did not hit anyone to anyone, and most of his remarks focused on the fact that the industrial heart and our entire economical economy would become greater and more productive as a result of its goal based on reciprocity.
Heritage Foundation Economist EJ Antoni, former World Bank President David Malpass and Senator Kevin Cramer, Rs.d., have abolished President Donald Trump’s reciprocal trade policy on ‘Kudlow’.
The stock market has increased by almost 400 points on the news. No action will be taken until April 1, after a review led by the Worma Lutnick Store Secretary.
Journalists are still bothering President Trump About inflationial tariffs. But they are wrong.
Foreign exporters will bear the biggest burden as they will be forced to reduce prices to sell in America. In addition, the currency of export land will fall, while the US dollar will grow.
And, if the European Union – or who – lowers its tariffs, our consumer prices will be reduced.
This is all opposite to the inflationary.
All that is said, I strongly support the reciprocity of the store. It’s a noble mission.
Next, I really would like to see the president start talking to tax reduction, workplaces, middle -class salaries and rapid economic growth.
Let’s not forget the growth message.
