German Manager Magazin: Donald Trump: US President puts counter-tariffs on the way 003965

US President Donald Trump (78) brings a new round of far -reaching tariffs. The Republican said and signed a corresponding arrangement. The details should therefore be worked out within the coming months.

Mutual, so -called reciprocal tariffs in principle mean that the USA Raise tariffs wherever they are currently asking less than their trading partners. In the past, Trump had emphasized that they wanted to correct the retail weight with these tariffs and accused other countries of treating the United States unfairly.

The White House made it clear in advance to target other trade barriers. This included taxes for American companies such as VAT, state subsidies or regulations that prevented US companies from doing business abroad.

Trump open for negotiations

The new tariffs will not come into force immediately. Instead, the responsible authorities have 180 days to identify the affected states and, on this basis, impose country -specific tariffs, as a high -ranking consultant Trump said. The countries are first taken with the highest trade deficit. The countries concerned are invited to negotiate with US President Trump in order to avert the US tariffs. However, tariffs could come into force even before the deadline, the advisor said. The authorities would work at “Trump Tempo”.

The planned tariffs do not matter whether they are strategic competitors like China Or allies like that European Union or Japan or Korea acted, the Trump consultant emphasized. “For many years, the United States have been treated unfairly by their trading partners, whether friend or enemy,” says the order. The trade deficit threatens the national security of the United States.

Trouble in the White House via VAT in EU countries

The US government again referred to cars when it comes to trade deficit with the European Union. Trump is regularly angry about the import tariffs. Customs of 2.5 percent are due on the way to the USA – but 10 percent on the way to Europe. However, the US tariffs are much higher for the pick-ups and commercial vehicles popular in the USA.

However, the high -ranking government representative also emphasized that in Washington they are also annoyed by VAT, which is also subject to auto imports from the USA. This varies depending on the EU member state-in Germany it is 19 percent. The fact that Germany sells significantly more cars to the USA than the other way around is certainly not due to a lack of “American craftsmanship or quality,” said the high -ranking government advisor. That is mercantilism. “President Trump will no longer accept that.”

The customs differences with the European Union see experts in most areas rather than small. The big exception is the agricultural area, where the EU tariffs are sometimes significantly higher than in the United States-especially on dairy products, meat and sugar or poultry. Different standards and import specifications must also be observed here. Textiles and clothing from the United States are usually subject to somewhat higher tariffs in Europe than the other way around – but the difference is sometimes minor. The other way around, tariffs on plastics, chemicals, works of art and antiques in the United States are sometimes higher than in the European Union.

Customs as a means of pressure

Experts assume that the United States would be hardest by far -reaching compensatory tariffs should actually come into force – and not to averted in advance. US companies are likely to change the higher costs to consumers-this heats up inflation.

Nevertheless, Trump always relies on tariffs. He also uses the punishment as a means of pressure to achieve political success in negotiations with other countries. The Republican has just launched tariffs of 25 percent on steel and aluminum imports to the United States.

At the beginning of February, a North American trade war with uncertain consequences for the global economy could be averted. Trump could only be a few hours before the fellows that were threatened to come into force in the amount of 25 percent on goods from Mexico and Canada the concessions of the neighbors, especially in the case of border security. For this he pushed the trade restrictions on for at least 30 days. In contrast, new tariffs against China remained in force.

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