US President Donald Trump said that the counter -customs that will be announced this week will include all countries, not a limited number of countries with the broader commercial imbalances with the United States.
Trump promised to announce a huge plan for customs duties on Wednesday, which he called “Liberation Day”, and the American president has already imposed fees on aluminum, steel and cars, as well as increasing fees on all imports from China.
“We will start with all countries,” he told reporters on the presidential plane.
Disturbances
In his speech to Fox Business recently, the White House Economic Adviser Kevin Haysit said that the fees will focus on countries with the broader commercial imbalances with the United States, which numbered 10 to 15 countries, without specifying them.
Trump sees customs duties as a way to protect the American economy from an unfair global competition, and a negotiating paper under which the United States gets better conditions.
However, anxiety over the trade war led to turmoil in markets and fears of economic recession in the United States.
Trump said he would impose a package of anti -customs duties on countries that apply fees on US exports.
Last February, Trump signed a memorandum under which trade officials in the United States are studying separately to set a list of counter -measures specially designed for each country.
Last week, the US President pointed to the possibility of reducing the scope of customs duties and imposing them in some cases at lower rates than applied to the United States.
https://www.youtube.com/watch?v=7rb2hc52rky
Russian oil fees
In a related context, Trump said on Sunday that he was “upset” from his Russian counterpart, Vladimir Putin, and will impose secondary customs duties between 25% and 50% on those who buy Russian oil if he felt that Moscow is hindering his efforts to end the war in Ukraine.
Trump added in a telephone interview with the “NBC News” network that he felt very angry when Putin criticized the credibility of his Ukrainian counterpart Volodimir Zellinski.
Since he took office last January, Trump has adopted a more reconciled stance towards Russia, which left his Western allies in a cautious state in light of his attempt to mediate to end the 3 -year war between Moscow and Ukraine.
His sharp statements reflect his increasing frustration with the lack of progress on the ceasefire.
“If Russia and I could not reach an agreement to stop the bloodshed in Ukraine, and if I believe that Russia is responsible … I will impose secondary customs duties on oil, on all oil imports coming from Russia,” Trump said.
“This means that if you bought oil from Russia, you will not be able to do business in the United States … there will be 25% customs duties on all oil imports, fees ranging between 25 and 50 points on all oil imports.”
