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Last week, Donald Trump introduced a series of new trade tariffs against China, which included goods worth $ 34 billion. Now the president has decided to step up the trade war and plans to introduce $ 200 billion in new functions, according to Bloomberg. Nearly half of China's imports into the United States are covered by Trump's trade tariffs. The new tariffs, which will be introduced later this summer, mainly concern consumer goods such as televisions, clothing and household goods.
China has promised to respond to the message by imposing additional rights on US goods and companies. Already earlier, China's customs accusations against the United States appear to have been specifically designed to defeat the US regions where Trump has the strongest backing. These customs seem to have already had consequences for many American industries. The BMW car company announced Tuesday that it was expanding its auto production in China, while cutting back production at its major South Carolina plants, where 10,000 Americans work. Soy is the largest agricultural export of the United States and China is the largest market for this export. Mathematics are simple. In a press release, John Heisdorffer, president of the American Soybean Association, says that US producers will face a severe attack on Trump
. message concerned about US companies in China, who can now expect to undergo more unexpected inspections and red tape.
– The Trump administration risks that by striking hard enough against China, it is forcing the country. It's almost guaranteed an error. China will instead find other ways to fight back, "said Edward Alden of the Council of Foreign Relations to the Washington Post.
China is not the only country at s & d Opposition to Trump's intensified trade war The EU has introduced tariffs on several US products, such as bourbon, peanut butter and Harley-Davidson motorcycles. imposing new taxes on meat, steel, cheese and apples Canada has also introduced new tariffs on US steel, whiskey, paper and washing machines.
According to an analysis by the Financial Times, the trade war can finally include goods for $ 1 trillion.Trump is already on your way.
The criticism of Trump's trade war is growing at home, even among Republican Party colleagues Orrin Hatch, Republican Senator icain, called Trump's latest message "catchy and non-target".
– This will cause serious damage in the United States, China and other countries. Republicans in Congress would have put Clinton or Obama in court if they had done something like that, said Chinese commentator James Fallows in a comment on Twitter
According to the Washington Post, 73% of US voters are against the charges
. Switzerland: New US tariffs for steel are unjustified
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