Trump announces tariffs of 20 percent against the EU – Diepresse.com

US President Donald Trump has announced new US tariffs for trading partners worldwide. Trump gave tariffs of 20 percent on imports from the EU known. This emerged on Wednesday from a table that Trump held up when the measures were announced. In his speech in the Rosengarten of the White House, Trump said that he would sign a decree for so -called reciprocal, ie mutual tariffs « for the whole world ». For China, the rate is 34 percent. Trump named ten percent as the minimum tariff.

Affected states such as Canada and the European Union have promised counter -duties: a trade war now seems inevitable, the new penalty taxes are likely to falter the global economy.

« This day will go into history when the day on which the American industry was born when America has recaptured its fate and the day we started to make America rich again, » said Trump. This is one of the most important days in US history. The « golden age » of the USA is coming back.

Trump’s « Day of Liberation »

The Republican had advertised the day of announcement in advance as a « day of liberation » and announced the imposition of mutual tariffs. In principle, reciprocal tariffs mean that the United States raised its tariffs everywhere there in relation, where they currently demand less than their trading partners.

Trump has been putting on tariffs on a large scale since the re -entry into the White House – similar to his first term. He already imposed criminal levies on all aluminum and steel imports, launched tariffs of 25 percent on imported cars and auto parts, introduced increased tariffs to all goods from China and targeted its neighbors Canada and Mexico. The auto tariffs in particular hit Europe and the German market.

Customs duties on beer and cars

In the United States Official Journal, the exact data for the entry into force of the Auto Zölle of 25 percent were announced. These should apply on Thursday at 00.01 a.m. (US East Coast period; 6.01 a.m. CEST), according to the Federal Register. The surcharges to auto parts at the same height should therefore be effective on May 3 at the latest. In addition, the US Ministry of Trade announced further tariffs for beer imports. (Red/AG)