After mentioning his preference for a “large and simple” approach, it was said that Trump urged his advisers to impose a global tariff of up to 20 %, which extends higher rates to more countries.
A previous report suggested that Trump was considering implementing more sharp measures to change American economy.
In response, his administration accelerated to put the finishing touches on the details of its new introductory agenda before the deadline that it imposed on itself on Wednesday, April 2.
Trump looks at a 20 % global tariff as one of the “simple” policies that will be offered.
Investors prepared for potential market disturbances as a critical week of economy amid reports that President Donald Trump’s commercial war may escalate more.
Discussions on Trump’s identification policies have increased since the weekend, which raised fears that new trade measures may exacerbate economic tensions.
According to informed sources on the talks, the main debate is whether the Trump campaign will re -impose a comprehensive global tariff that affects almost all trading partners in the United States or applying custom prices, as recently suggested.
Trump had previously suggested a 20 % global tariff for almost all American commercial partners during his campaign, and reports indicate that the simplicity of politics makes exemptions unlikely to reduce their impact.
Fitch categories warned earlier that if Trump has implemented his full business schedule, the average effectiveness in the United States can rise to 18 % – the highest in 90 years.
This indicates that the final tariff strategy can be broader than the “Dirty 15” plan for the Scott Bessen Ministry, which targeted only 15 % of American trading partners.
The White House has not yet responded to the suspension requests.
Investors became uncomfortable with Trump’s tariff policies
In February, President Trump signed a presidential memorandum directing a comprehensive plan based on the principle of mutual tariffs to restore fairness in US trade relations.
According to him, the idea was simple. Specifically, the United States will impose a “no more, no less” tariff on commercial partners, just as they do in American goods and services.
As a result, investors have been closely interesting for President Donald Trump, a declaration of a “liberation day” tariff expected on April 2 because the details of the important plan, including a 25 % tariff On imported cars, leaked to the media.
However, the final announcement and whether the message will change over time was not known because of the recent developments.
According to Treasury Secretary, Scott Payette, the new measures will target “dirty countries 15” with the largest bilateral surplus with the United States. Then, more than two -thirds of American imports can be affected.
Moreover, this number excludes constant definitions on specific products, such as cars, semiconductor chips, and pharmaceutical preparations.
Regardless of their global arrival, these proposals will be the most important commercial restrictions in the years after World War II.
Evaluating the effects of measures will be difficult due to the complexity of the proposals and revenge that cannot be avoided from American trade partners.
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