Washington:
Donald Trump’s mutual tariff, which was to apply the levy against all of them, which tariffs American goods, has taken a new twist. It has developed as a slugfest between China and the United States, with Washington now decorated 125 percent tax on all Chinese goods. At the same time, tariffs are held on other countries.
Announcing this on his social media platform Truth Social, President Trump said that China would have to bear the brunt of 125 percent tariff, Washington has a 90 -day stay at other 75 countries, against which mutual tariffs were imposed on 2 April.
China punished, put in the corner
Sluming China for the “lack of respect” shown in the world markets, President Trump intensified his punished tariff against the world’s second largest economy. He wrote, “On the basis of lack of honors shown in the world markets, I am increasing the tariffs charged by the United States by the United States to 125%, immediately effective,” he wrote.
With its punitive tariff structures, inappropriate business practices, currency manipulation strategy, and unfair subsidy norms, the United States economy for decades “looting” and “stop” to China’s criticism for “stopping”, President Trump wrote that “At some point, at some point, China will not know that China will never have to do.”
While putting China in the corner, Donald Trump gave relief to 75 other countries, which he had imposed “concessional mutual tariff” last week, saying that he has ordered immediate stop at this type of levy after seeing a humble and active approach by these countries in an attempt to resolve the business imbalance with the United States.
Relief for others
Completing 75 other countries for “no vengeance in any way”, and instead, respecting his suggestions, he wrote, “On the contrary, and on the basis of the fact that more than 75 countries have called the United States representatives, including the departments of commerce, treasury, and USTRs, which are interacted on a solution against trade, tradifs, tradifs, and non -solutions. My strong suggestions, somehow, in size or form against the United States, I have authorized 90 days of stagnation, and much less mutual tariffs, immediately effective during this period, quite less internal tariff. “
And so, in a step, which can be seen well as their standing softening, Donald Trump changed the entire dynamic of his “liberation day” step, with the stroke of his pen. Today’s move by President Trump also indicates to be one to capitalize on his image worldwide, for which he blamed himself on his vast unpopular decision, which removed us allies and revolted friendly nations.
Proceed to separate China on tariff
Now, President Trump has excluded Beijing by the latest Pivat, and a clear indication that there is a main opponent in the US – China.
Xi Jinping of China, which is matching with Donald Trump’s move, can separate Beijing rapidly. As long as Trump’s tariffs were acting like a fork for American colleagues and other neutral countries, they were moving towards China – the second largest economy and the largest exporter of goods. But with the decision to put “stagnation” on mutual tariffs on most countries of Trump, the position -quo is reversed, and they can make gravity well towards the US – the largest economy and the oldest democracy.
Today, within a few minutes of Donald Trump’s announcement, the US stock markets increased. Wall Street’s shares immediately elevated. The S&P 500 increased to 5,281.44, a week ago, a cruel race of damage has been carried out after Trump’s “Mukti Divas” tariff was announced a week ago.