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US President Donald Trump speaks from the Oval Office of the White House, flanked by US Commerce Secretary Howard Lutnick, on the day he signs executive orders for reciprocal tariffs, in Washington, US, February 13, 2025. — Reuters
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WASHINGTON: US President Donald Trump is ready to unveil the new “Liberation Day” prices on Wednesday, but has gauged the world until the last moment about the scope of an attack on the World Trade War.
Trump will present steps developed by cabinet members at the White House’s Garden’s Garden after being near Wall Street markets – after being close to Wall Street markets – it has been promised that he will stop the United States from tearing “and will provide a new” golden era “to the US industry.
But when Trump insisted that he had decided to target countries targeting countries, the White House acknowledged that he had been making details for less than 24 hours late on Tuesday.
Republican billionaires have been a long love for revenue, and have insisted that they are a cure for dealing with US trade imbalances with friends and enemies.
Critics say not only US consumers will bear the price because importers go through the cost, but they can increase the risk of harmful recession at home and abroad.
Prior to Trump’s announcement, global markets have been diminishing for days, while countries in the cross -hirs have demanded dialogue – even when they take retaliation.
‘Blanket 20 % duty’
The move has also identified Trump’s growing and deep gaps between the United States and many of his close allies, not only on trade but also on security, defense and almost everything.
But in general, the 78 -year -old US president is keeping the details close to his chest.
Trump has surpassed these measures for weeks, initially suggesting that the prices match whatever other countries impose.
On Monday, he simply said that he would be “very kind” – but removed a bit.
When the deadline was approaching, the US media said it was also considering 20 % of the blanket – and then he was looking at a third option where some countries would treat priority.
White House press secretary Karin Levet said that Trump is meeting with his top advisers on the occasion, “It is a great deal to make sure that it is a great deal.”
He added that “immediately” prices will be implemented after a rollout on Wednesday, rejecting any delays for negotiations with other countries.
After returning to office in January, Trump has emphasized several other tariff announcements, when the last moment with allies like Canada and Mexico blink.
However, its projects have given rise to the growing fear of a harmful trade war worldwide that can increase prices and disrupt massive.
‘All devices on the table’
Large economies, including the European Union and Canada, have pledged retaliation.
“We are going to be very deliberate in terms of our steps to fight for Canada,” Canadian Prime Minister Mark Carney said on Tuesday.
The European Union said on Tuesday that it is still hoping to discuss a solution – but if necessary, “all devices are on the table” for retaliation.
British Prime Minister Kerry Starr spoke on the British US trade agreement on “productive talks” with Trump. Vietnam said Tuesday that he would reduce duties on several goods to please Trump.
Former Property Tycoon has used tariff as a foreign policy weapon since the first term of its chaos from 2017-2021.
Trump insists that he will bring a “renovation” of US hollow out manufacturing capacity, and says companies can move to the United States and avoid revenue.
Trump announced last week that cleaning 25 % auto -rates – if they prices of foreign cars rise, they could not “care less”.
In mid -March, 25 % tariffs on steel and aluminum from all over the world.
In March, China was subjected to 20 % additional taxes on all goods, which led to a retaliation duties from Beijing. The European Union has unveiled its steps to start mid -April.
