New measures come into force on Tuesday (4) and are part of the government’s strategy to strengthen US industry and press for greater border safety; affected countries study retaliation
The president of the United States, confirmed on Monday (3) the imposition of 25% on all imports of and of, and double the rate on Chinese products to 20%. The new measures come into force on Tuesday (4) and are part of the government’s strategy to strengthen the American industry and to pressure business partners to adopt more rigorous measures regarding border safety.
During a press conference at, Trump stated that “there is no room for last -minute negotiations” and that neighboring countries should adapt to the new US commercial policy. “What they have to do is build their car factories and other industries in the United States. If they do this, they will not have tariffs, ”said the president.
Tariffs affect an estimated volume of $ 1.5 trillion in annual imports and are already impacting financial markets. The S&P 500 index fell by more than 2%, while Nasdaq composite, dominated by technology companies, retreated more than 3%. Companies like Nvidia and Conocophillips had expressive devaluation.
The Canadian government has signaled that it can respond with retaliatory tariffs of up to $ 86.4 billion over American products. The prime minister said Canada “will have a strong, unambiguous and proportional response.” Mexico’s president, on the other hand, studies the imposition of rates on Chinese products as a way to mitigate US fees.
In China, the Xi Jinping government also evaluates retaliation measures, including tariffs on US agricultural and food products. The Chinese embassy criticized the decision, stating that new tariffs violate the World Trade Organization (WTO) rules and represent “commercial protectionism”.
Trump has also announced that he plans new sectoral tariffs, including a 25% rate on steel and aluminum imports, scheduled for March 12, and additional taxation on cars, semiconductors and pharmaceutical products, expected to be entry into force from April.
Experts warn that the new round of tariffs can increase inflation in the US, impact supply chains, and damage strategic sectors of the US economy. In addition, the Trump government’s aggressive attitude in the trade war can lead to retaliation that makes global economic relations even more difficult.
Posted by Felipe Dantas
*Report produced with the aid of AI
