After Donald Trump’s tariff war with Canada, China and Mexico in the first three weeks of his administration, Trump announced a mutual tariff on Thursday. As Trump announced a mutual tariff, he explained that for the purposes of fairness, the United States would impose the same tariff on each country that they charge whatever they charge, not too much, no less. Trump said, “They charge us with a tax or tariff and we charge them accurately or charge them.”
“Nobody knows what the number is until you go from a personal country, you can see what it is. If you go to a personal country and see what they are charging us, almost all almost all In cases, they are charging us more than the ER charge.
Interpersonal tariff: ‘This is the golden rule’
A day earlier, the press secretary of the White House Karolin Levitt said that a mutual tariff would be announced before and soon before Trump’s meeting with Narendra Modi. Explaining the argument of mutual tariffs, Levit said that it is very simple, the golden rule that was taught in school. “This is the golden rule, which we all learned when we were growing up in school: behave with others the way you want to treat. And many countries around this world have stopped the United States for a very long time. And that’s why the President believes that it will be a great policy that will benefit American workers and improve our national security. ,
All the top 15 trading partners in the US have higher average tariff rates than in the US. European Union’s autos tariff, for example, 10 percent – American passenger four times of car rate
Trump’s top trade advisor Peter Navaro at the White House told CNN that the biggest deficit cases would be raised – which means that the US on those countries are much higher than the US. “What is going to happen, we are going to see all our business partners, with whom we run the biggest deficit, find out if they are cheating American people, and if they are, we take Going to fix that wrong, “said Navaro.
