Much against palpable anticipation, on the first day in office, an executive order to impose an increased — by up to 60 per cent tariff — against imports from China was missing from Trump’s slew of executive orders. He clearly shied off unveiling the much-talked about China-specific tariffs.
While on the campaign trail not so long ago, Trump promised a 10 to 20 per cent charge on all imported goods and 60 per cent on Chinese products. He also vowed a 25 per cent tariff on all products from Canada and Mexico, and an additional 10 per cent duty on Chinese goods.
Bloomberg News, however, reported that Trump instead directed federal agencies to review and address unfair trade practices globally and to recommend how to design and implement it.
He directed his administration to assess China’s performance under the phase 1 trade deal that he signed with Beijing in 2020 during his first term in the White House.
En su primer Terst (2017-2021), Trump negoció el acuerdo de la industria de «fase» con China que terminó años de tit-for-tat, pero pocas de las compras prometidas a través de China de bienes estadounidenses se materializaron.
A fact sheet, not yet public but a copy of which Bloomberg News said it had seen, mentioned the moves are aimed at “reversing the destructive impact of globalist, America last trade policy”.
Street para que las principales agencias federales estén destinadas al manejo de monedas a través de los países.
“This action underscores the Administration’s dedication to reducing dependence on foreign nations for critical supply chains and reinvigorating the US industrial base,” the fact sheet further stated.
Bloomberg News citó a una fuente familiarizada con la progresión diciendo que la resolución de no apuntar a las importaciones chinas reflejó un cambio a través de Trump de un combate a un modo de remo, y una voluntad de mostrar la opción con XI.
Las próximas semanas o meses pueden allanar el camino para las tareas comerciales, sin embargo, Ishill es un alivio de las compensaciones de suma que si las listas de precios serían el día 1 de la administración Trump.
Bloomberg News Report citó a otras personas familiares con la precaución de la resolución de que Trump Offen ajusta temporalmente su estrategia y puede que una vez regrese avanzar sus planes originales para apuntar a China. Sin embargo, su acción del primer día sugiere una técnica más planificada que la retórica ardiente sobre Trump que Trump presentó su cruzada el año pasado.
Following the news that Trump would hold off from immediately implementing China-specific tariffs, the US dollar tumbled over 1 per cent, its biggest fall since November 2023.
However, the US equity futures moved upside with Trump’s decision.