The US president gave as an example the cases of Japan and South Korea and reiterated that the “United States will be very rich again” again “
US President Donald Trump said on Tuesday that he wants to reach “agreements”, “haute couture”, with countries whose imports Washington is taxing punitive and who have already expressed availability to negotiate.
“Things are going very well for us, we are doing what I call the measure to the measure, not a ready-to-wear, but haute couture,” the US president said in the White House in a signing ceremony of various executive orders to boost charcoal production.
“At this time, Japan is on its way to closing a deal, South Korea as well. And others,” said the US President, shortly after another day of great volatility and losses in US shareholders.
The White House confirmed on Tuesday that the United States will tax Chinese imports at 104% from Wednesday, fulfilling the threat of increasing tariffs at 50 percentage points.
In a significant climb of the trade war started by Washington, Beijing decided to impose a 34% rate on US products from Thursday.
Despite several alerts, including from the US federal reserve itself, on the impact of punitive trade taxation on inflation and economic growth of the world and rest of the world, the coal-dedicated ceremony has boasted from their customs, which qualified from “liberation” from the United States.
According to the US President, almost 70 countries have already contacted their government to negotiate the removal of tariffs that began to be applied last week.
Trump even said that the only problem is that there are so many countries interested in negotiating with Washington that your team will not be able to “serve so many so quickly.”
But, he stressed, there is no hurry, as the United States “are already receiving money” thanks to the rates companies have to pay at customs to import foreign products.
Trump estimated US coffers to fit “$ 2 billion a day” with these tariffs.
“It’s a lot of money. And the United States will be very rich again, very soon. You will see that,” he said.
The president also reiterated that some countries have treated the United States “very unfairly” over the years, and highlighted in particular China, who “took sides” from his country, “defrauded him” and “left him to die.”
This until Trump returned to power to impose protectionist measures.
On April 2, a day Trump dubbed “Liberation Day,” a 10% global rate was announced about all the countries with whom the United States negotiates, a measure that came into force last Saturday.
Additional rates were also announced on those Washington considers the “worst offenders” due to their high trade deficits with the United States.
These new rates, which will come into force at 00:01, east time (4:01 GMT) on Wednesday, April 9, include a 20% of the European Union (EU).
Among the most affected by these additional taxes are several Asian economies highly dependent on their exports, such as Vietnam, which now pays 46%; Taiwan, with 32%; India, with 27%; South Korea, with 25%; and Japan, with 24%.
In the White House, Trump signed executive orders to “boost” coal extraction in the United States, predicting that he should “more than double” his electricity production, especially to respond to the growth of artificial intelligence.
The texts it ratified, surrounded by equipped miners, aim to remove regulatory barriers to coal extraction and suspend planned closures from numerous coal centers across the country.
