The “dirty 15” countries hit Trump rates while the world is preparing for “liberation day”
How the world economy is preparing for that of Donald Trump revealing a rates bandSome leaders of the country will be fearing the worst After Washington chose a list of “dirty 15” nations.
Although it did not name the countries, the Treasury Secretary Scott Besent said that the groups of the group that we heavily exchange with the United States and have high rates on US goods were be considered Among the commercial partners in the mutual-rite initiative.
By contributing the term “Dirty 15”, he said they are 15 % of the countries that trade with us, who represent a “enormous amount of our commercial volume,” said Bessent last month.
Later, the director of the National Economic Council, Kevin Hassett, said that they were examined from 10 to 15 countries representing “the entire commercial dollar deficit from trillion dollars” for rates according to rates to the news of the NBC.
While also Hassett did not apply the countries, the office of the US commercial representative listed 21 countries in which it is “particularly interested” as part of a review of the unfair commercial practices, which was to be delivered to Trump by Monday.
These countries include “economies that have the major commercial deficits in goods with the United States”, said the office, which means that Washington imports more from the country than it does not export, with consequent negative commercial balance.
The appointed countries were Argentina, Australia, Brazil, Canada, China, European Union, India, Indonesia, Japan, Korea, Malaysia, Mexico, Russia, Saudi Arabia, South Africa, Switzerland, Taiwan, Tailand, Turkey, the United Kingdom and Vietnam.
But it is not yet clear which countries will have to face the rates and which form will take, before the so -called “liberation day” on Wednesday.
Adding to the uncertainty, Sunday Trump denied that it could only be about a dozen countries that will have to face mutual rates.
Speaking with the journalists of the Air Force One, the President of the United States said that “he will start with all the countries” and said that there is no “cut” – and he claimed that almost all the countries trading with the United States were taking advantage of Washington.
But many economists say that having a negotiation deficit of goods is not necessarily a negative thing, but it means that the requested goods can be checked abroad.
The first reports suggest that the Trump administration could implement rates up to 25 % on the largest commercial partners in the United States.
Trump has already imposed 25 % rates on Canada and Mexico, although they have been paused twice, a 10 % rate on China, a 25 % rate on foreign manufacture cars and a 25 % rate in aluminum and steel.
Aston Business School based in the United Kingdom esteem Trump rates could cost the global economy $ 1.4 TN.
