The US President struck the wires on Thursday, and revealed the details of his concepts about a plan for mutual definitions against all major trading partners in the United States who impose definitions as well as non -carriers on goods imported from the United States. According to President Trump, the American administration will also consider countries with value -added tax on foreign goods as a form of customs tariffs. Specific details about the mutual tariff suggesting remains small, and the Minister of Trade Huard Lottenic has been used to embody the details that move forward. President Trump also highlighted the need to address “non -monetary definitions”, an economic concept that does not exist.
The most prominent major landmarks
I decided to charge a mutual tariff.
We will consider in countries that use VAT system.
The value -added tax will be seen as a tariff.
We will call it a tariff.
They ship us more than we charge them.
Provisions for non -cash definitions will be established.
Lutnick will come with equivalent numbers for those restrictions and other non -carrier barriers.
Lutnick will work on a mutual plan.
Other countries can reduce definitions or eliminate.
There is no tariff if you make or build a product in the United States.
We want to settle the stadium for all American companies.
Requesting the Treasury, the heads of commerce to work on reciprocity.
Steel and aluminum above this.
Car tariffs will exceed mutual definitions, and come soon.
This will also be above steel definitions cars and pharmaceutical preparations.
Chips and medicines will also be more.
India has more definitions from almost any other country.
I expect the jobs to rise, and prices can rise in the short term.