Global reciprocal tariffs, announced today by US President Donald Trump, passed the low level of sanctioned countries. Among them are Russia and Southern Korea.
This is reported by RBC-Ukraine via The New York Times.
A representative of the White House replies to the American newspaper on the basis of anonymity, which is represented by Trump, the mutual mission does not extend to Belarus, Cuba, the Russian Federation and the DPRK through those countries that are already under sanctions exchanges and “stick” with significant tariffs
According to a Trump administration official, such powers “already face prohibitively high tariffs, and our previously imposed sanctions exceed any significant trade with these countries.”
New global events from the USA
We would like to remind you that the US President voted to introduce a universal or “minimum basic tariff” of 10% on imports “from all corners of the world”, and the introduction of additional individual tariffs for approximately 60 countries.
In the reversal of tariffs observed by the White House, 183 countries and the European Union were imposed.
It is also possible that Ukraine will receive a base rate of 10%. In addition, official Washington stated that there will be no standstill between Canada and Mexico.
Reciprocal tariffs under Trump may begin on the 9th quarter. And the minimum basic tariff in all countries will start paying from 5 kvitnya.
Trump also signed a decree introducing a 25% tax on cars and spare parts imported to the United States. Tariffs for cars come into effect as early as the 3rd quarter, for spare parts – a little later.
The White House announced that the United States does not plan to introduce reciprocal tariffs on all imported products. In addition, goods were consumed under the blame, which are becoming critically important for the US military and national security.
Read terminology and important information about the war between Russia and Ukraine on the RBC-Ukraine channel on Telegram.