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Home»U.S.»Trump signs memo to determine reciprocal tariffs on US trading partners
U.S.

Trump signs memo to determine reciprocal tariffs on US trading partners

February 13, 2025No Comments4 Mins Read
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President Donald Trump Thursday, he called his administration called a note called “Equivalent of each other equivalent to each foreign trade pair”.

“In other words, we will customize each other by individual negotiation nations, which depends on their profile,” said a civil administration official with journalists who predict an action.

This means that the administration intends to impose rates of other countries that are compatible with the obligations that are imposed on American products. Seniorly says that the US “customization” allows us to “customize” to each partner of their actions based on their actions.

Trump announced fares before China, Mexico and Canada. In China Imposed 10% rates, Trump suspend 25% rates in Canada and Mexico. Trump also announces 25% rates in steel and aluminum that will affect next month.

Many economists warn of tariffs for consumer goods prices faster than expected in January to bend inflation.

Trump admitted that “prices rise in the short term” as a result of the rates, when he asked questions from journalists at the oval office. But Americans expected Americans to raise work numbers.

“There could be some short-term disturbances, but in the long run, our country will become money,” he said.

President of Donald Trump, in line with the Secretary of Commerce of Commerce, sends notes in the Washington Office Office Oval office at mutual tariffs at the Oval office.

Andrew Harnik / Getty Images

An administrative officer will explain the five types of actions, which will take into account the mutual tariffs between partners.

They include tariffs imposed in US products; The unresolved, discriminatory or extralurritories established by trading partners, including value added tax; The cost of the United States, employees and consumers including grants and burden and regulatory requirements; exchange rates; As well as any other practice that the USTR is also unfairly limit.

Key actors of this action will include trade secretary and representative of the United States, consulting the Secretary of Finance and the Security Secretary. Trump Cantor Fitzgerald CEO CEO Howard Lutnick has named the Department of Trade and Lawyer Jamieson Greer to represent US Trade.

Officials have emphasized the benefit of addressing the case, saying: “It opens the door for each country basically to correct unfair trading practices.” But they did not discard it, also due to a flat and global rate “for the National Creation of Trade Deficit”.

Photo: Director of the National Kevin Hassett Council joined the director Peter Navarro National Council.

Greer is the representative of the Director of the Economic Peter Navarro, after President Donald Trump talks after President Donald Trump, on February 13, 2025, February 1325, 2025, February 13, 2025.

Andrew Harnik / Getty Images

When such a timeline may be carried out, he proposed that the administrative official would take place in a rolling, first of the countries with the largest deficit with the US

“I think I’m going to call in the past, this is a few weeks, a few weeks, in a few months, but not much longer than we move. We move quickly,” the officer said.

Lutnick, when Trump was in Oval Office signed the release, spread more possible timeline.

“Our studies should be completed until April 1. So we will be able to start the President on April 2,” Lutnick said. “So I think we’ll be ready to go to April 1. And we will deliver it to the President, and it will take its decisions.”

Mutual tariffs can have hardest countries in developing – including Southeast India, Brazil and Southeast Asia.

There are many questions about implementing such rates.

A question is how Trump can continue as a starting point for negotiations with the world’s leaders who use these rates. Officials said they expected that the movement would arouse the discussions between the nations, saying that the President would be willing to bring rates, if other countries.



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