The US Secretary of Finance warns of retaliation for global duties: Release, receive a blow and wait for the situation to develop!

by Andrea
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US Finance Minister Scott Betting He warned the business partners that any retaliation for new duties by the White House would only lead to further escalation. AFP reported on Thursday night. “My advice for every country is not to take retaliatory measures now,” Bessent told Fox News after US President Donald Trump announced reciprocal duties.

“Release yourself, accept the blow and wait for the situation to develop. Because if you take retaliatory measures, it will increase,“Bessent warned. Trump announced on Wednesday that he would impose 20 % duties imported from the European Union. He announced them along with other duties to other countries in the world.

The new duties that US President Donald Trump announced on Wednesday in Washington will come into effect in the coming days: The “basic” 10 % rate will be applied on 5 April at 12:01 am. Local Time (05:01 hrs), while higher rates will pay from 9 April at 12:01 pm. local time.

Height so -called. The reciprocal duties of Trump presented the audience in the pink garden of the White House on a clear board. From these data eg. It follows that duties to import all the EU goods will be 20 percent. CLO for goods from China will be 34 percent, from Japan 24 percent, from South Korea 25 percent, from Switzerland 30 percent, from Britain, Australia and Turkey for 10 percent, Taiwan 32 percent and 26 percent to India goods. The goods from Israel and the United Arab Emirates will be 17 % duty.

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