Dramatically close to Trump’s trade goals after a week?

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Anthony Zurcher

North American correspondent in Washington•@AWZURCHER
EPA Image shows Donald Trump in a cabinet session on ThursdayEPA

Donald Trump has announced a massive tariff plan that will justify the global economic order and the allies of the American allies last week.

However, this plan – or at least a significant part of the president is over ice after stopping higher tariffs within 90 days.

So with this partial turn, is it closer to realize the targets related to Trump trading? Here’s a quick look at five of its main ambitions and where they stand now.

1) Better trade deals

What Trump said: For decades, our country has been looted, looted, looted, looted, looted and looted by our country

Trump’s original trading plan has collected a large fist to the world, gathered a large fist with additional “mutual” tariffs of 60 countries that say that they are the worst criminals.

It sent allies and leash to climb enemies, for example, for example, they look at the prospect of a blow to their economies.

According to the Treasury Secretary Scott Bessent, it was quick to brag about all the world leaders who boasted all the world’s leaders who are entitled to the President to make transactions and make trade discounts.

Despite the list of all countries that Trump said that Trump’s “kissing my donkey” and something that Trump said he would do anything to do in Tuesday, the United States has been in talks with South Korea and Japan.

Takeaway: America’s trading partners are tapping 90 days and hours to shoot a kind of contract with Trump. However, the occurrence of negotiations shows that the president has a chance to get something for efforts.

2) Increase American Industries

What Trump said: Works and factories will return to our country … We will load our local industry base.

Trump has been an effective way for the reconstruction of the American production base by tariffs to protect it from unjust foreign competition. Although some factories can increase production in current devices, more substantial efforts take time. Work liters will want to know that the rules of the game are relatively stable for the “replacement” production lines and invest in new US factories.

The president’s restarts again takes the tariff again for the last week, but is unstable. At the moment, it is difficult to predict where the last tariff level will receive the largest protection of the level and which areas. Today, it can be automatic manufacturers and steel manufacturers and high-tech electronics companies tomorrow.

Takeaway: When tariffs are visible and seemingly applied in the president’s whim, expect both the United States and foreign companies before making a great commitment.

Follow: Why US Markets Skyrocketed After Stopping Trump Tariffs

3) Faced with Chinese

What Trump said: China’s president Xi, has great respect for China, but I have received a lot of advantage.

After Trump’s tariff on Wednesday, several White House officials, including Treasury Secretary Bessent, said the trump’s goal is to throw a hammer.

“These are the largest source of trade problems,” said, “Bessent journalists” and are truly a problem for the rest of the world.

If Trump, China and will want to fight the war, one has one, and one of the president and his assistants said they were looking for a ramp.

On Wednesday, Trump said he blamed former leaders of Chinese leaders for the current trade dispute. The previous day, the White House spokesman Karoline Leavitt, China, said that China will be “incredibly gracious” to treat China.

Takeaway: This demonstration is a Trump, fighting the world’s second largest economy, fight military force, to fight great risk. And along his way, America can alienate allies in such a confrontation.

4) Increase income

What Trump said: Now it’s our turn to bloom, and therefore use trillions and trillions to reduce our taxes and pay our national debt and will take place very quickly.

Last year, during the presidential campaign, Trump is regularly recognized that the proposed tariffs will be reduced to reduce the budget deficit, reduce the fund to reduce the fund for taxes and new government programs.

Last year, a study conducted by an unequal tax foundation, estimated that there was 10% universal tariff – at least $ 90 in the next 90 days – will receive $ 2 to $ 2 in the next 10 years.

Recently, the Congress, which recently received a non-binding budget plan, recently, the Congress Congress, which recently concluded budget budget, will cost about 5tn in the next 10 years.

Takeaway: Trump wanted to arrive more tariffs, and if it was flipped with its initial tariffs, plus some import and larger money on those who are imported and larger, they will at least get it as much as Americans can turn the tariff money in the corner.

5) Prices for US Consumers

What Trump said: As a result, more production in the house means more powerful competition and low prices for consumers. This will really be the golden period of America.

Analysts and experts, Trump offered other explanations to such an aggressive movement in trade last week. He tried to lower interest rates or to devalue US dollars or to the desk for a global agreement on trade? The president himself did not talk much about the schemes of such Alz.

One thing he spoke about cruelty, but the desire to reduce the costs for American consumers, and he promised to help the trade policy. Trump can trigger the triggers of the global recession of trade wars, which announced the tariff plan, announced the energy prices and tariff plan a week.

The consensus will increase consumer prices between economists, because the tariffs are less competitive for imports and as a result of the United States-made products. Last year, the Tax Fund estimated that 10% of universal tariffs will increase the cost of a 10% universal tariff for an average of $ 1.253 in the first year. Economists also warn that the less profitable Americans will be the hardest shot.

Takeaway: The increase in prices is an arrow in the wrong direction, and this represents a great responsibility for the political position and future election prospects of both Trump’s political position and party.



 
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