The president of the United StatesS, Donald Trump, hoped on Wednesday new reciprocal tariffrisking cost increases and probably causing reprisals from all parties.
The details of the tariff planscalled by Trump as “United States Liberation Day”they were still being formulated before an advertisement ceremony in the White House Roses program scheduled for the 4 PM, Eastern time (2000 GMT).
The new tariffs will take effect immediately after Trump announced them, while a 25% separate global tariff on car imports will enter into force on April 3.
Trump has said that his reciprocal tariff plans are a measure to match the generally lower tariff rates in the United States with those charged by other countries and counteract their non -tariff barriers that disadvantage US exports.
But the tariff format was not clear amid reports that Trump was considering a 20%universal tariff.
Taxp -planned taxes They will be negative for all, said the president of the European Central Bank, Christine Lagarde.
“It will be negative throughout the world and the density and the durability of the impact will vary according to the scope, the products to which it is directed, its duration and if there are negotiations or not,” he said in an interview on the Irish radio Newstalk.
While a nervous world was waiting for details of the tariff plans, the actions backed on Wednesday, while gold, an active refuge, remained near historical maximums.
“I don’t remember a situation in which there were so much at stake and, nevertheless, the result was so unpredictable “Steve Sosnick, Straight Chief of Interactive Brokers, said. “The devil will be in details and nobody knows them.”
In all sectors, from cars to sea transport of goods, luxury goods and more, business leaders waited to see what would affect them, even more so because Trump has invoked powers emergency to add quickly, and occasionally retract and restore tariffs.
“Decisions cannot be made important about the supply chain when the rules of the game change constantly “, Peter Sand, chief analyst of the Xeneta freight pricing platform, said.
A former commercial official of Trump’s first mandate told Reuters that Trump was more likely to impose integral tariffs on individual countries at somewhat lower levels.
The former official added that the number of countries facing these tariffs would probably exceed approximately 15 nations in which Treasury Secretary Scott Besent above that the administration was focused due to its high commercial surpluses with the United States.
