US President Donald Trump revealed the long -awaited “mutual tariff”, in a move expected to shake global trade relations.
On Wednesday, Trump appeared in the pink White House park, where Colonnades was decorated with large American signs, to sign executive orders that allow tariffs.
He frame tax increases on foreign imports as a blow against unfair commercial practices, and drew a picture of the United States as a country that is exploiting it even its closest allies.
“For decades, our country was looted, looted, raped and looted by near and far nations, both a friend and enemy,” Trump told an audience of manufacturing workers, members of the cabinet and journalists.
“Foreign leaders have stolen our jobs. Foreign chests have looted our factories. Foreign Zuboon dismantled our unprecedented American dream.”
But he announced that Wednesday would represent a turning point in the history of the United States, which represents an end to “evil attacks” he said the country had survived.
Trump said: “April 2, 2025, will be remembered forever as the American industry was born again, the day when the fate of America was reclaimed,” Trump said.
Upon summoning the 1977 Economic Forces Law, Trump announced a 10 percent tariff for all countries, scheduled for April 5.
After that, he revealed that there will be a “individual” tariff for countries with the largest commercial deficit with the United States. These definitions will enter into force after four days, on April 9.
Trump explained that his team calculated “individual” customs duties by taking half of what he claimed that these countries accused the United States of exports.
Trump said: “We will impose nearly half of what they are – and they are charged for us. Therefore, the definitions will not be complete.” “I could have done it, but it was difficult for many countries. We didn’t want to do so.”
Then he founded the Minister of Commerce Howard Lottenic to the Rose Garden platform with a scheme that explains some of the upcoming definitions.
The graph showed that the European Union was heading to a 20 percent tariff. Meanwhile, China has been appointed 34 percent. Vietnam will receive 46 percent, and Thailand 36 percent.
It was significantly absent, Mexico and Canada, the largest commercial partner in the United States and its direct neighbors.
The White House explained that these countries will remain under a punitive tariff, designed to rid them of Trump’s policies on border security.
All goods that have not been covered under the United States and Mexico-Canada’s free trade agreement will face a tariff of 25 percent, with the exception of energy products. They face the definitions 10 percent.
Wednesday’s announcement, despite its widespread expectation, still sends a shock all over the world.
“This is a long short story, this is a historic moment,” said Dan Seuriak, director of the Canada -based Siuriak Consulting Company,.
“I think it will reshape the world. I think we see the possibility of something like” North America Castle “.
He pointed out that poor countries in places like Southeast Asia seem among the most difficult imminent definitions.
“The developing countries have been exposed to a very high tariff. It will have geopolitical repercussions,” said Siuriak.
“These countries are the poorest in the world, and the idea that they were rich on American workers cannot be eradicated. I don’t think this will play well in the rest of the world. So we will see, I think, tectonic transformations in international relations as a result.”