What could Trump’s reciprocal tariffs look like?

President Donald Trump On Thursday, an executive order was signed, which imposes mutual tariffs on US commercial partners, effectively increasing imports to meet America’s exports.

“Today is the big one. Mutual tariffs, “Trump wrote on his social media platform, the social media, before the announcement. His executive procedure begins a process that can lead to mutual tariffs for the White House Trade and Economic Team, the American trade relations, told reporters that he told reporters.

The Trump’s Administration aims to complete his trade review by April 1 and plans to correct what is called to call the highest tariff interest rates on US goods first. Presidential tariffs will meet higher tariffs for higher tariffs and aim to counter other trade barriers such as overloaded regulations, value taxes, state subsidies and exchange rate distribution policy and negotiations with some countries.

Goldman Sachs Economyists’ new analysis led by Jan Hatszus, watching how it is Mutual tariffs: He could work and find out that the average US tariff will most likely increase, although they can help the uncertainty of trade.

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President Donald Trump plans to roll the plans for mutual tariffs of US trade partners. (Jim My Watson / AFP Getty Images / Getty Images)

“If it is applied at the special level of the product (for example, the EU’s car tariffs will be equal at the same level, the EU is spread by the United States) on the average level of the tariff) [percentage points]We appreciate. If it is used at the country level, the effect may be smaller, “Goldman Economyists wrote.

“Before the mutual tariff policy causes risks, it is also possible that it can reduce the uncertainty of trade policy forever.

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“President Trump’s comments suggest that he views this policy as an alternative that he discussed the universal general tariff in the past,” economists wrote. “If US tariffs come together The rates of foreign tariffsIt would be theoretically less likely that US tariffs would be significantly increased. After all, it can also advance some commercial partners to reduce tariffs (and theoretically reduction of our tariffs). “

They also said that there are risks related to mutual tariffs, Trump’s administration is trying to equate non-tariff barriers (NTB) trade, which they say they are difficult to increase higher growth.

“The main risk is that the Trump administration can take into account the value added taxes (VATs), which will increase the level of the average effective tariff in paragraph 10,” economists wrote. “However, while President Trump In some countries, VATs criticized VATs, at the moment there is no indication that he plans to calculate the mutual tariff policy in the VATS calculation. “

Mutual tariffs equalized us to import tariffs for American exporters abroad. (Reuters / Carlos Barria / Reuters Photos)

Although mutual tariffs may take the last step to resorporate the US trade policy, the report states that there are further developments.

“Of course, even if the president wins the reciprocal tariffs as an alternative to more cleaning measures at the moment, we will probably be a lot of other tariffs. He announces mutual tariffs this week,” he said. Goldman economists mentioned.

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Tariffs are taxes of imported goods or services. (Reuters / Mike Blake / Reuters Photos)

Kevin Haset, director National Economic CouncilHe told reporters on Wednesday: “Mutual tariffs are absolutely priority for the president and have been forever” and signaled that the discussions about them started with foreign trade partners.

“Our commercial partners give us more ways in tariffs than we charge them. And before he spoke much more action.

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Hasett was asked what the talks with other countries were negotiated and answered. “We’re just based on discussions on mutual trade.”

He added that Howard Lutnek, Trump Candidate Trade Secretary, led those meetings.

Fox Business’ Kristen Altus and Reuters have contributed to this report