US President Donald Trump plans to announce reciprocal duties to many countries next week. TASR reports on this based on the Reuters report, which appealed to sources on Friday with the matter.
By this step, Trump would fulfill his promise from the election campaign that he will introduce duties to import to the United States at the same amountwhat business partners they apply to US exports. It was immediately clear which countries should be concerned. Trump informed the Republican legislators of his plans on Thursday (6 February) during discussions on the White House budget, the sources said to the plan.
The President and his closest collaborators allegedly plan to use higher import duties as a source to finance the extension of Trump’s tax cuts from 2017. On Saturday (1 February), Trump announced the introduction of Ciels of 25 % of the import of Canada and Mexico, but after consulting the representatives of both countries, he moved their effectiveness by one month.
Jamieson Greer, Trump’s nominee for the post of head of the US Commercial Plenipotentiary Office (Ustra), said on Thursday that The United States should “explore and consider” the possibility of introducing general duties as a tool in the fight against moving production abroad and increasing the US trade deficit. US trading partners will have to reduce obstacles to US exports if they want to maintain access to the US market, Greer said in questioning at the Finance Committee of the US Congress of the Senate.
