Trump will announce new duties of imports from China up to three weeks
New duties on imports from China can be announced after « two or three weeks » against the backdrop of a continued trade dispute between the two largest economies in the world. This was stated by US President Donald Trump, quoted by DPA.
« If we do not have a deal with a company or country, we will define duties. We will just define duties, » Trump said in the oval office.
| « This is something we think will happen, I would say in the next few weeks …. I think, in the next two or three weeks we will determine the number and (determine the tariff), maybe for China, » Trump said. |
In response to a reporter’s question whether the US and China have direct conversations, Trump said « Yes, of course, every day », and asked how soon he intends to reduce the duties of Chinese imports in the United States, Trump replied that « it depends on them. »
There are duties, no duties – 18 hours in which Trump is almost 180 degrees
In early April, Trump announced that the United States imposed a common duties of at least 10% on the entire import of the US market and higher rates for a number of trading partners, which caused significant turmoil in the stock and financial markets.
Although many of the planned duties were frozen in 90 days to allow for commercial negotiations, tariffs of up to 145 percent remain for Chinese goods. Beijing responded to a duties of up to 125 percent for US products.
Trump also said that 25% duties on the import of cars from Canada may increase.
« When I impose a duties on Canada, they pay 25%, but this can be raised in terms of cars, » Trump said. « The only thing we do is say, » We don’t want your cars, with all my respect. We actually want to do our cars ourselves, « the president added.
| At the same time, 12 US states filed a case against Trump’s customs policy in the US International Trade Court, based in New York. The claim is claimed that the United States’ trade policy « now depends on the whims of the president, not on the reasonable exercise of his legal powers. » |
The plaintiffs claim that according to the US Constitution, only congress has the right to impose taxes and duties, not the president.
Trump turned off smartphones and computers from import duties
The claim was filed by the United States Oregon, Colorado, Connecticut, Delaware, Illinois, Maine, Minnesota, New York, New York and Vermont, whose governors are Democrats, as well as the Arizona and Nevada, led by Republicans.
The plaintiffs urged the court to overturn duties on the grounds that « the president has no right to arbitrarily impose duties. »
Last week, the state of California filed a separate claim against Trump’s duties in the federal court.
According to the International Monetary Fund, large -scale US duties and their commercial partners announced a sharp increase in global public debt, with the US economy also suffering from customs policy.
