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Donald trump announces customs duties new:
US President Donald Trump announced on Saturday July 12. However, donald trump announces customs duties new the taxation of customs duties of 30 % against the European Union (EU) and Mexico. Therefore, These customs duties will come into force on 1is August. said the republican billionaire in distinct letters published on his social social platform, pointing to a commercial imbalance with the EU and the role of Mexico respectively in the delivery of illicit drugs to the United States.
Speaking in the Roseraie de la Maison Blanche. Donald Trump had announced customs duties against all the trade partners of the United States on April 2, donald trump announces customs duties new including 20 % against the EU, in addition to a floor rate of 10 % applied to all.
To explain his approach. the American president had presented a large table, on which his services estimated the customs duties really practiced by his partners. Not the average effective rights. which have been very low since the end of the XXe century, under the aegis of the World Trade Organization. They amount to 3 % for the United States. 5 % for Europe, 8 % for China and 17 % for India, according to a study of New York Times. The calculation of the White House claims to take into account the “Currency manipulation” as well as non -tariff barriers. These can be health standards – Europeans banish imports of chickens washed with chlorine. hormone beef -, French cultural standards – or climate clauses, without forgetting the value added tax donald trump announces customs duties new (VAT) practiced in Europe that strikes all the products sold.
The Trump administration has thus reached mirobal figures: the United States would be struck by 67 % by China. 46 % by Japan and 39 % by European countries. In reality, The world noted that these figures come from an equation without any economic value. By taking the example of Japan. the EU, Switzerland or Vietnam, we confirmed that it was a division of the amount of the bilateral trade deficit by that of imports from the country concerned.
Donald trump announces customs duties new
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