Trump announces customs break – except for China – Diepresse.com

US President Donald Trump is back: he puts his reciprocal tariffs for countries that have not taken countermeasures against the United States for 90 days on hold. He explained this in a surprising U -turn on Wednesday. The break applies now, but not for China. For China, he increases the tariffs to 125 percent. Previously China and the EU Countermeasures against the US tariffs announced.

He had approved a 90-day break, and there should also be a universal duty rate of ten percent, which also comes into force immediately, wrote Trump on social media. US finance minister Scott Bessent explained that the customs suspension should give time for negotiations. Details are still unclear. According to the US Presidential Office, a base customs set of 10 percent for practically all imports into the USA remains, but obviously non-existent tariffs on cars, steel and aluminum are affected.

The EU is also affected by Trump’s tariffs – albeit to a lesser extent. The state union has been planning the first counter -duties of 25 percent in the coming week. This decision should probably be reconsidered again.

First valley- then a mountain trip to Börsen

The US exchanges increased significantly immediately after the news. The Dow-Jones index of the default values ​​was seven percent under the plus, the technology agency Nasdaq Climbed by more than ten percent. Trump’s new trade barriers had heavily shaken the markets in the past few days and increased the likelihood of recession.

A few hours before his announcement, Trump had announced on his Truth Social platform that a great time was for sale.

Part of a strategy?

Finance Minister Bessent tried the Cnn According to the decision to suspend the new tariffs as part of a master plan. The US trade representative Jamieson Greer said, however, that he had only found out about the customs break after Trump’s announcement. Before his announcement, Trump had repeatedly excluded a customs break.

The dispute between Trump and China continues to rock up. China had previously countered the recurrent increase in customs by Trump with his own counter -tariffs. US Finance Minister Scott Bessent accused China of an escalation. On the other hand, those states that would not have made any counter -tariffs would be rewarded, which would create time for negotiations. According to Bessent, the US government expects other countries to approach Trump.

»The best thing to do is to do zero tariffs together in transatlantic trading. Then the problem is solved.  »

Friedrich Merz

CDU boss Friedrich Merz the suspension of the US tariffs regarded the success of the Europeans. EU Commission President Ursula von der Leyen also personally said Trump: « We are determined to defend ourselves, » Merz told the broadcaster RTL. This example shows that unity helps. « The best thing to do is to make zero tariffs together in transatlantic trading. Then the problem is solved. »

Against the background of the customs war, the new black and red coalition in Germany wants to look for new trading partners. « We are aiming for further commercial and investment agreements, » said the coalition agreement. The EU’s frame agreement, which has already been signed, should be ratified quickly with Chile. A free trade agreement is also to be sought with the United States in the medium term. « In the short term, we want to avoid a trade conflict and rely on reducing import duties on both sides of the Atlantic. » (APA/Reuters/Red.)