President Donald Trump can’t stop contrary to himselfIts own tariff plans.
He says“Physically impossible”hold all the necessary meetings.
Trump said he would simply set new tariff rates that have been talking internally in the US government over the next few weeks – although he had already done it on April 2“Liberation Day”,whichforced the world economy to shudder.
Republican President says he is actively negotiating with the Chinese government – while Chinese and Minister of Treasury Scott saidNegotiations still have to start.
What should I believe? The confident rate is that the uncertainty will be maintained by the ways that employers and consumers are waiting for the economy, and that foreign leaders are scratching their heads.
And the consequences of all these tariffs are huge.
Trump is locatedTariffs totaling 145%In China, which brought China to avenge the tariff of 125% in the US – in fact, causes a trade war between the two largest economies with the potential for introducingrecession.
Negotiations on Trump negotiations with yourself
The president told Time magazine in an interview released on Friday that 20%, 30% or 50% of tariffs will be a “complete victory”, though the panic of the financial market has led it toTemporarily reduces taxes on imports to 10% by 90 daysWhile negotiations are held.
“The deal is a transaction I choose,” Trump said in an interview. “What I do is at some point in a not too far future, I will set a fair price for different countries.”
If it is embarrassed for the country’s trading partners, it is also sitting at home.
A Beza Book of the Federal ReserveA compilation of anecdotes from US enterprises was prepared eight times a year, on Wednesday reported great uncertainty in US companies, which made them return to hiring and investments in new projects. The word “uncertainty” increased 80 times, compared to 45 in early March and only on January 14.
Beyond The idea that Trump plans to retain some level of tariffs on -site, world finance ministers and corporate leaders who gathered last week in WashingtonInternational Monetary Fund ConferenceIn private discussions he said that the Trump administration does not give real clarity of its goals for significant negotiations.
“At the moment there is no consistent strategy of what the tariffs should achieve,” said Josh Lipsky, Senior Director of the Atlantic Council Center. “My talks with ministers and governors this week at the IMF meetings were that they did not understand what the White House wants, and who they should negotiate with.”
Other countries are trying to negotiate
Switzerland President Karin Keller-Satter in an interview with SRF, published on Friday, after a meeting with the infant that Switzerland would become one of the 15 countries with which the United States plans to conduct “privileged” talks. But she said that a memorandum of understanding began officially.
She was happy at least who knew who to talk to, saying that “a specific contact person is also appointed. The US administration is not easy.”
Nations deploy different negotiation tactics.
South Korean officials who met with their American counterparts this week say they have specifically raised tariffs to work before the agreement by July. The European Union has pushed to reduce tariffs for zero for both sides, although Trump object to European countries that charge the value added tax, which is similar to the sale tax, which, he said, hurts US goods.
Trump continues to emit optimism that coordinates transactions with other countries, despite his statements that he will set his own transactions and lack of clarity in how the process goes.
“I’m very well with Japan,” Trump told reporters on Friday. “We are very close to the deal.”
As part of the agreement with Japan, the Trump administration has publicly urged the Japanese government to change its car safety standards that put great attention to pedestrian safety. But the steering wheels on car shows sold in Japan are on the right, while American automakers put steering wheel on the left.
“I don’t think the left drive cars are sold in Japan,” said Shigeru Ishiba Prime Minister this week.
“We want to make sure that we do not consider unfair,” Iseib said, offering the opportunity to consider Japanese car safety standards.
Higher prices and deficits are probably
As Trump continues to make controversial statements about tariffs, companies are actively looking at higher prices, lower sales and perhaps bare shelves in stores from less supplies from China.
Ryan Petersen, CEO of Flexport, Company “Network Network”, said on the social media website X: “3 weeks after the tariffs came into force, the reservation of ocean containers from China to the United States decreased more than 60% in industry.”
Consumers receive email notifications on social networks from the lying sellers, furniture and other home -made entries will include fees related to tariffs.
Showerhead Afina on Wednesday reported a test to find out if people would buy an American product that is more expensive than import. Their filtered Chinese shower is sold for $ 129, but the price of the same product in the country will require up to $ 239.
When the customers on the company’s website received a choice between the shower head made in the US, or cheaper made in Asia, 584 purchases of a $ 129 model made abroad, not one sale of domestic thought.
Ramon van Meyer, founder Athena, concluded in his written analysis: “If politicians and students want to restore the American industry, they need to fight this truth: idealism does not always experience contact with the price tag.”
Originally this story was presented on Fortune.com
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2025-04-25 18:14:00
Josh Boak, The Associated Press
