Trump’s sweeping new tariffs take effect against dozens of countries

Sari entered the new American control, Donald Trump, has entered more than 90 countries worldwide.

Moments before his deadline for the countries was approved to negotiate the American commercial deals, Trump published his own truth platform that billions of dollars are now flowing to his country as a result of import taxes.

Trump uses a customs tariff to encourage industrial jobs and industries to return to America, among other political goals.

Separately on Wednesday, he threatened to raise the tariff on imports from India to 50 %, unless that country stops buying Russian oil. It also threatened a 100 % tariff on foreign -made computer chips, to push technology companies to invest more in the United States.

Trump’s commercial policies are widely aimed at reshaping the global trading system, which he sees is not fairly treating the United States. One of his main pledges while returning to the White House in January was to reduce the trade deficit – the shortage of what America bought and what it sells.

The customs tariff works by imposing a tax on importers on the goods they buy from other countries. These importers may go through some or all the additional cost of customers.

Trump has also been accused of throwing the global economy in turmoil in recent months, although markets have been more stable.

The average tariff rate in the United States is almost a century in its highest level, thanks to a set of other industry taxes that affect products such as vehicles and steel.

The duties that came into effect on Thursday were announced for the first time in April. Many were later stopped amid market turmoil, and to give other countries time to conclude new trade deals with the United States.

A group of prices were identified for different countries – and it was modified over time by Trump, which eventually set the deadline for negotiations on August 7.

The export reliable economies in Southeast Asia are among the most difficult strikes.

Laos and Myanmar, which focuses on manufacturing some of the highest graphics, face 40 %. Some experts said that Trump appears to have targeted countries with close trade relations with China.

But after more than four months of uncertainty, the markets in Asia seemed to take news in their steps on Thursday.

The main stock indicators in Japan, Hong Kong, South Korea and the Chinese main righteousness were slightly higher, while the markets in India and Australia were less.

Economist Bert Hoffman of Singapore National University in Singapore said that the latest group of customs tariffs will provide countries with some stability after months of chaos.

“This is supposed to be,” he said. “Now you can start analyzing the effect of definitions.”

Some major economies – including UKfor Japan and South Korea Agreements have been reached to ensure that the goods that were exported to the United States will face a lower tariff rate than Trump in April.

the European Union A frame deal with Washington also concluded, as Brussels accepted a 15 % tariff on the goods of the commercial block.

Switzerland said it would hold an extraordinary meeting on Thursday after its officials could not reach a deal with the United States.

By 39 %, the tariff rate on Swiss goods is one of the highest rates imposed by the United States, and threatens to do the country’s economy strongly.

Taiwan, the main Washington ally of Asia, was delivered 20 %. Its president, Lay Cheng T, said the rate was “temporary” and that the talks with the United States were ongoing.

Other definitions revealed by Trump after returning to the White House in January to the three best commercial partners in the United States – China, Canada and Mexico – with a variety of political goals in mind.

Last week, the tariff rate on Canada reinforced 25 % to 35 %, saying that the country “failed to cooperate” in curbing the flow of fentanel and other drugs across the American border. Canada insists that it is launched on drug gangs.

But most Canadian exports to the United States will avoid import tax due to a current trade treaty, the United States, Mexico and Cananga Agreement (USMCA).

The higher definitions of Mexico were stopped for another 90 days as negotiations continue to conclude a commercial deal.

Meanwhile, the United States and China held a series of talks in an attempt to agree to an extension of the 90 -day definitions due to its expiration on August 12.

Trump’s recent introductory moves have been associated with a separate effort to end the Russia’s war in Ukraine.

He threatened to impose a “secondary tariff” aimed at the partners of Moscow merchants if it is not agreed to a ceasefire with Ukraine on Friday, although it is unclear whether the positive noise was after talks between Washington and Moscow and A possible meeting between Trump and Putin It will affect this.

Meanwhile, Trump threatened on Wednesday to raise the rate of tariffs on Indian goods to 50 % from August 27, as the third largest energy importer in the world pushes to stop buying oil from Russia.

Delhi described this step as “unfair, unjustified and unreasonable” and pledged to protect her national interests.

Market analyst Farhan Badami of the ETORO Financial Services Company said that this step was a “sharp change” in the Trump approach in Moscow, which could raise fears among other countries in talks with the United States.

“There is a possibility here that India is only the first goal that Trump intends to punish to maintain trade relations with Russia,” said Mr. Badami.

Also on Wednesday, Trump said he would impose a 100 % tariff on external semiconductors.

This threat came when the Apple technology company announced a new American investment of $ 100 billion (75 billion pounds) after being pressured by the White House to move more production to the United States.

The main chips makers who have made major investments in the United States are able to avoid the new customs tariffs. Government officials in Taiwan and South Korea said in separate data that TSMC, SK Hynix and Samsung will be exempt from the new tax.

The White House did not immediately respond to the BBC’s request for clarification.

BBC also called Sk Hynix and Samsung. TSMC refused to comment.

Follow the transformations and turns in the second Trump state with the North American correspondent Anthony Zurer weekly American policy is not owned Newsletter. Readers in the United Kingdom can Subscribe here. Those can outside the United Kingdom Subscribe here.