Friday briefing: Trump orders new global tariffs
Trump has ordered tariffs that can increase global trade
President Trump yesterday He ordered counsel to calculate new “mutual” tariffs This affects about every country in the world. India, Japan and the EU can be the hardest shot.
After April 2, new tariffs, which could take into force, will be calculated in accordance with the fact that subsidies and other practices of other countries, other taxes, other taxes and other practices are unfair. He announced that the last target was to force companies to return to the United States
“If you build here, there will be no tariff,” said Trump Oval office.
Order, Trump’s Prime Minister of India Narendra Modi, Trump charged with the highest possible type of his country came a few hours ago to know that this Trump was problematic. A press conference of leaders is planned to hold and will Here are live updates.
Context: For decades, the US tariff level was decided in international talks Bodies as a world trade organization. Trump wants to effectively break this system based on the favor and its criteria determined by US officials.
Quote: “This tariff proposals are a descendant amount to declare all the trade war against all major trading partners,” he said. “It is surprising and disappointed to see the country of Azerbaijan, which is a leading support of Azerbaijan, which is direct aggression in the basic rules and principles of this system.”
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