New tariffs this week will get to all countries, Trump says

President Donald Trump says the new tariffs he intended to announce this week will get to all countries, not just those who have the largest trade imbalances.

The comments come when it is preparing to submit a massive tax slate on Wednesday, in that it called “Liberation Day” in America.

Measures will be taken to tariffs already imposed by Washington on aluminum, steel and vehicles, as well as increasing levies for all goods from China.

On Monday, Asia in Asia entered early trade when investors are worried about the influence of tariffs on the world economy.

“You will start from all countries,” Trump told reporters about the One Air Force.

“In fact, all the countries we talk about.”

The latest comments of the president came, despite the fact that last week they suggested that he could return his tariff plans and impose tariffs in some cases at lower rates than countries charge the United States.

White House Economy Advisor Kevin Hasset also recently stated The Fox Business Channel that tariffs would focus on 10 to 15 countries with the worst trade deficit but did not name them.

Trump views tariffs as a way to protect the US economy from unfair competition and how negotiations to get the best trading conditions for America.

On weekends, Trump’s advisers repeated his opinion that the planned tariffs could raise trillions of dollars and help create jobs in the United States.

His chief trade advisor, Pete Navarre, pointed to huge income, which said the tariffs would raise.

The tax on all car imports can raise $ 100 billion ($ 77.3 billion) for trade worth $ 240 billion, Mr. Navarre said. All planned tariffs can raise $ 600 billion, approximately a fifth of the cost of total imports in the US, he added.

The actual letter of the White House, published last week, suggested that a 10% tariff for each import could create almost 3 million jobs in the US.

But the concern of the trade war is raised by restless markets and the creation of fears of recession in the US.

On Monday morning in Asia, Japanese 225, 225, was more than 3% lower, ASX 200 in Australia fell 1.6%, and South Korea’s Kospi was 2% lower.

All this is rates for all countries trying to make deals with the US on their trade policy, including the UK.

But other jurisdictions, such as the EU and Canada, have already stated that they are preparing a number of trade measures.

Separately, Trump said the transaction with Chinese Byton Chinese Tikak on the selling application will be agreed on Saturday.

In January, he set the deadline for April 5 for a short video platform to find a non-Chinese buyer or threaten the US on national security.

This was to come into force this month to comply with the law adopted in accordance with the Biden administration.