The US President said that on Monday he plans to introduce large -scale duties on all the import of steel and aluminum, and later this week he will take other actions to equalize tariff rates with the rest of the world.
Donald Trump said that On Monday, it will announce the introduction of new 25 percent duties on all the imports of steel and aluminum in the United States, which will affect “all”, including the largest trading partners of the United States Canada and Mexico. This will be the next serious step in reforming the trade policy.
Trump's preliminary statement sounded after China's response duties announced last week entered into force. Measures are aimed at foods worth $ 14 billion with 15%coal and LNG tariff and 10%for raw oil, agricultural equipment and some vehicles.
US President, speaking to journalists on board the aircraft Air Force One on Sunday also stated that he would announce mutual tariffs - raising US tariff rates to the level of tariff rates of trading partners - on Tuesday or Wednesday, which will enter into force "almost immediately." “And very simple: if they charge us a fee, we charge a fee from them,” Trump said about the plan of mutual tariffs.
transition to steel and aluminum caused a sharp reaction from Dag Ford, Prime Minister Canadian province of Ontario, who accused the US president of “changing goals and constant chaos”, which put the economy at risk.
Monday duties will be introduced in excess of existing duties for metals.
against the background The President of France Emmanuel Macron warned the wider resistance of Trump's economic rigidity in an interview broadcast on Sunday that he was ready to “face face to face” in tariffs with the US president. “I have already done this, and I will do it again.” No, I don't think so. Your first problem is China, so you should focus on the first problem. ” “This means that if you introduce tariffs in many sectors, this will increase costs and create inflation in the USA. Do your people want this? I'm not sure, ”he said.
He said that the EU should be ready to respond to the actions of the United States, but emphasized that Blok from 27 countries should mainly“ act for himself ”. “That's why for me the main priority of Europe is the agenda of competitiveness, the agenda of defense and safety, AI ambitions, and let's act quickly for ourselves.
“ If we have problems with tariffs at this time, we will discuss We will decide them. ”
Trump has long complained that 10%of the EU duties on cars imports are much higher than the rate on cars in the United States in the amount of 2.5%. He often states that Europe “will not take our cars”, but annually sends millions to the west through the Atlantic.
