Another chapter of the trade war | United States …



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The President of the United States, Donald Trump, has returned to the charge in the trade war with China by announcing the implementation of new tariffs on imports from the Asian country. "The United States will impose, from September 1, a small additional tariff of 10% on the remaining $ 300 billion of goods and products from China," wrote the president on his Twitter account. This measure would be in addition to the 25% tariff on imports from China worth more than $ 250 billion, which would impose on the entire range of goods and services from the United States. Asian economies. Novelty appears in bilateral negotiations to channel trade disputes.

As a prelude to the commercial announcement, Trump tweeted: "We thought we had reached an agreement – with China – three months ago. Unfortunately, China decided to renegotiate it just before signing it. More recently, China has agreed to buy large amounts of agricultural production from the United States, but has not yet done so. "Although he has made it clear that" the talks are continuing "and wants" to continue a positive dialogue with China, "Trump advanced with new tariffs. According to the International Monetary Fund, the trade war between the United States and China has reduced the prospects for economic growth on a global scale., which was one of the factors cited by US Federal Reserve Chairman Jerome Powell, to reduce benchmark interest rates for the first time in eleven years.

While Trump seeks to seduce with this type of measure a part of the American electorate that has an anti-globalization stance and that has been harmed by the deindustrialization experienced by many US cities, critics abound among economists. "When you build equipment for factories, you buy steel, aluminum, imported products.If we then apply customs duties, the tax incentive that we have given you one hand will take it away from the other, "criticized Gary Cohn, director of the National Economic Council at The Trump Government between January 2017 and April 2018.

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