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New trucks crowd a parking lot at the GM assembly plant in Oshawa, Ontario, Canada September 24, 2019. — Reuters
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Palm Beach: US President Donald Trump on Tuesday increased his aggression against trade partners, threatening 25 % of imports on imported cars, and similar duties on pharmaceutical and semiconductor.
Trump has announced a widespread levies on some major US trade partners since taking office in January, and argued that he would help deal with unfair ways – and influence policy in some cases Using the dangers of being.
He recently promised 10 % on all goods coming from China and 10 % on import of steel and aluminum. At his Mar-Laogo Resort in Florida, he told reporters that the taxes on the automobile industry would be “in the neighborhood of 25 percent”, with details coming around April 2.
When asked about threatening taxes on pharmaceuticals and chips, Trump said: “It will be 25 percent and more, and it will be much higher than in one year ().” He added that they want to give the affected companies time to bring their operations to the United States, saying that they have been contacted by large companies that “want to come back”.
The President also said that Washington’s trade partners could avoid taxing taxes by investing in factories in the United States. He said, “We want to give them time to come in. When they come to the United States and they have a plant or factory here, there is no rate. So we want to give them a little chance.
Experts have warned that there are often Americans who pay taxes on imports rather than foreign exporters. About 50 % of the cars sold in the United States are manufactured within the country. In imports, almost half from Mexico and Canada, with Japan, South Korea and Germany, also come large suppliers.
Asia
The home of some of the most important US suppliers in the affected industries has been cautiously received by Trump’s prices threats in Asia.
“We have raised the issue with the US government, keeping in view the importance of Japan’s automobile prices,” Yoshima Hiashi, a top spokesperson for the Tokyo government, told reporters.
“Japan will take appropriate action, carefully examining specific details of the first steps,” he added. Taiwan, a global powerhouse in the semiconductor production that Trump has accused of stealing the American chip industry has also been cautious.
“The scope of products subject to tariffs has not yet been clarified. We will continue to monitor the direction of US policies and continue to help Taiwan’s industries. The island government has already said that in the United States. Investment will increase as he tried to perform Trump’s duties.
Eu visit
Trump said he was happy to see the European Union “reduce its prices on cars to this level”. “The European Union had a 10 percent tax on cars and now they have a 2.5 percent tax, which is the same as ours … If everyone does this, we will all be in the same playground.” Said
“The European Union has been very unfair to us. He added that we have a trade deficit Billion 350 billion, they do not buy our cars, they do not take our farm products, they do not take anything … and we have to straighten it.
According to the Department of Trade Department, the US trade deficit with the European Union in 2024 was more than $ 235 billion. On the other hand, the United States received an additional $ 109 billion trade with the European Union in 2023, according to the European Commission data, in 2023.
The European Commissioner for Trade and Economic Security, Marvis Saifkoich, arrived in Washington on Tuesday and will meet with Trump’s secretary Howard Lotnik and White House trade representative Jameson Greer.
