“The day of release,“According to US President Donald Trump goes. The White House will formally open new tariffs for both a friend and on the enemy on April 2 at AT 16:00 east time In the pink garden as the president strives Immediately Sending Against what he sees as a cruel treatment of US trading partners.
Many of these trading partners are in Asia, where governments are already trying to prepare for what can come.
On Monday Vietnam, who enjoys a big trading surplus from the US – acknowledged this Tears Import duties on a number of products, including cars, foods and liquefied natural gas.
Vietnam used companies that change their supply networks from China; In Southeast Asia, there is now the third largest trade surplus from the United States, which has put it on the list of countries that risk steep tariffs on Trump and Hanoi may prevent concessions to avoid launching a trade war.
India also proposes to reduce import taxes on agricultural products such as almonds and cranberries, Reuters report Last week. According to the South -Asian country, which had a trade surplus of $ 47.5 billion in the US, is considering deleting some tariffs for imported goods.
Trump has grunted about tariffs in India on US goods above that the United States is imposed on Indian products. US president blew Indian Protection as “brutal“Even when he praised the Prime Minister Narendra Modi.
“All countries”
Since Trump’s entry, an additional 20% tariff for Chinese goods, 25% of the tariffs for steel imports and aluminum, as well as 25% of the fare.
On April 2, there are no accurate details about the tariffs, for example, what level of duties will be introduced and which countries will be affected. However, on Sunday, Trump suggested that the tariffs hit “all countries” as a starting point, pushing away from previous reports that new trade measures could be narrower in volume.
Many Asian governments take an approach to waiting for the tariffs by Wednesday.
US allies, such as Japan, South Korea and Australia, tried to agree on trade issues with Washington – as it is now, with little success.
In mid-March, after not being released from new steel tariffs in the US, Australian Prime Minister Anthony Albonez complain that this step was “against the spirit of the sustainable friendship of our two peoples.” On Tuesday its administration repeated To prevent them from offering the US appeal to make a deal.
Japan and South Korea oblige their industries in the event of new tariffs in the US. ‘We are working on this issue – Note On Tuesday. (New American Author’s Avaipers pose a threat to Japan and its automation.)
Then there is China, which is already subject to many new tariffs from the Trump administration. Beijing reacted to new imports with its measures, ranging from the introduction of tariffs to retaliation and expansion of the black list of “unreliable entities”. Chinese officials said they were ready to fight “trade war, tariff war or any other type of war.”
Sunday ministers from Japan, South Korea and China posted Their first economic dialogue in five years.
Companies are also preparing
In addition to steel tariffs, aluminum and cars, Trump promised new semiconductor and pharmaceutical imports.
Asian companies have also promised to invest in the US in a likely application to avoid new tariffs and demonstrate Trump’s desire to restore domestic production.
In January, the Japanese Honda Car manufacturer promised to increase its investments in three Ohio automobile factories by expanding their ability to build EV, hybrids and transport machines with internal combustion.
In March Taiwanese semiconductor production company (TSMC), the world’s leading chips, announced The $ 100 billion investment to expand their Arizona activities will be spent over the next four years. (Taiwan government too justify Given the purchase of more US goods to cut trading surplus.)
Last week South Korean automaker Hyundai promise To invest $ 21 billion in American production, including a $ 5.8 billion steel plant in Louisiana.
And yet the biggest promise is the Japanese soft -bank. Earlier this year SoftBank, in partnership with Openai and Oracle, promised $ 500 billion in new investment in US AI infrastructure.
Originally this story was presented on Fortune.com
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2025-04-02 00:30:00
Lionel Lim
