Trump has ordered its trade advisers to propose new levies by analyzing the situation of each country in retaliation against taxes, regulations and subsidies considered unfair by the US government. It is considered that Brazil, India, Japan, Canada and the European Union They are the countries most at risk of being affected by the new protectionist measures.
To United States, the EU value-added tax or the digital services taxes applied by some European countries are considered unfair trade practices. This is despite the fact that the US is also a prolific user of trade defence instruments, subsidising domestic companies and using regulatory rules to keep out foreigners. foreign products.
La Casa Blanca has given a deadline of April 2 to begin implementing the measures, which are aimed at speeding up trade negotiations between capitals around the world and Washington. Indian Prime Minister Narenda modi, who met with Trump last week, has already announced that both had set the goal of doubling their trade exchanges and reducing the US deficit with the Asian country ($35.000 billion in 2024).
Sources of European Union, say they would be willing to reduce tariffs on car imports from the United States, currently at 10%, while United States only applies 2,5%. In addition, Brussels The US has been open to increasing purchases of US liquefied natural gas. The EU, however, has been less willing to enter into negotiations on changes to its tax system. Instead, it has promised a firm response if the White House ultimately follows through on its trade threat.
Source: CESCE
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