Today, President Donald Trump Extended on Fair and mutual trade policy Its purpose is to create a level sports ground for American workers and businesses – and hopefully will deal with many inappropriate trading practices worldwide that are in the United States.
He is using a simple metric: if you do it on us, we are going to tax you. But, if you reduce us by adopting on us, then we will happily reduce you by doing it.
Actually, President Trump sees it as a road for free trade.
And taxes are really tariffs. Therefore, the President excluded a place as the European Union for a VAT (VAT), which, yes, serves as a tariff.
In addition, they have board tariffs which are much higher than us. On that score, President Trump sang 10% European auto tariff, which is 2.5% of the US. It is at the top of 20% VAT. Of course, it is unfairly inappropriate.
And country-wide examples are: India has six times tariff rates that we do, Mexico thrice, China about five times, Brazil six times.
President Donald Trump signs new executive orders on mutual tariffs from Oval Office.
World trade system is broken For more than 25 years. And most countries have taken advantage of America by completing their business obstacles in the US.
There is no international court to fix it. The World Trade Organization is a stir and is also corrupt on the bed with China.
Therefore, President Trump is going to fix and fix it by applying a mutual tariff benchmark. It looks like a quite straight metric.
At this point, we do not know how far the policy will go. Nor do we know how much the tariff will be raised in revenue. These important questions are still unanswered.
In today’s presser, Mr. Trump used a very medium, low-key approach.
He was really not cursing anyone, and he focused on most of his comments on how the industrial heartland and our entire economy would become larger and more productive as a result of the goal of its mutuality-based level sports.
Economist EJ Antony, Economist of Heritage Foundation, David Malpe, former World Bank President David Malpe, and Sen Kevin Craermer, Rupee, weight on the mutual trade policy of President Donald Trump on ‘Kudlo’.
The stock market increased by about 400 points on the news. After a review under the leadership of Commerce Secretary Howard Lutnik, no action will be taken until 1 April.
Reporters keep harassing President Trump About the tariff of inflation. But they are wrong.
Foreign exporters will bear the biggest burden, as they will be forced to cut their prices to sell in the US. In addition, exports will decline in the country’s currency, while the US dollar will increase.
And, if the European Union – or whatever – reduce their tariffs, our consumer prices will go down.
All this is a counter of inflation.
Everyone said, I strongly support business mutuality. This is a great mission.
Next, I would really like to start talking about tax deduction, jobs, middle class wages and rapid economic development to the President.
Let’s not forget the development message.
