Trump’s fee war advanced a step with a announcement this Wednesday The minimum global fee is 10% for all imports from your country And 20% of the use of a specific rate for all the products it receives from the EU. Although the old continent is not only affected by its announcement, it refers to the increase in trade rates for its remaining large partners: United Kingdom, China, Japan, Taiwan, South Korea or Malaysia.
Donald Trump is trying to increase national production, so that companies send products to the United States. Although his ads have not ended here: the US president declared all the important vehicles to his country They have to pay 25%of the rate. But when these lines are in effect Threatening to unleash economic crisis globally??
When is Trump fees in effect?
This Tuesday, shortly before Trump calls “Release Day”The White House spokesman announced that the fees would be implemented immediately. These are confirmed dates:
- 25% fees on all cars It is in effect on Thursday 3th April.
- 10% Global minimum fees They begin to apply on Saturday 5th April.
- ‘Mutual’ charges They are in effect on Wednesday April 9.
- The fees on the main components and the pieces In cars, they are used from May 3.
In addition, the President of the United States has chosen to remove the “minimum exemption” from China, which allows it to be exported up to $ 800 not to pay taxes. The move will come into effect on May 2. On the other hand, small exports from other countries will continue to be exempted as long as there is necessary evidence to process them in the customs service.
What charges are already in effect?
Since the beginning of February, the US has introduced a 10% tax to all Chinese products imported to the country, and then it has left small exports. A month later, in March, this line It has doubled to 20%.
Most of the 25% public tax in March Imported from Mexico and Canada Also, a few days later, exemptions were announced for closed products by TMEC. The same month, on March 12, they came into effect 25% of the imports of steel and aluminum.