The 10% rate on US imported products comes into effect
US President Donald Trump on Wednesday announced this 10%rate, which includes 184 countries and territories and includes the existing customs rates.
Carlos Baria
The additional 10% customs rate on most products imported from the rest of the world came into force at midnight (05:00 today in Lisbon).
This is a 10%rate, which Covering 184 countries and territories And will be added to the existing customs rates, the US President Donald Trump announced Wednesday, creating it Shock wave for global trade.
However, however, Some products, exception at the moment.
Steel, aluminum and imported cars are also not affected, but are already subject to a customs rate.
Oh Canada and MexicoIn a different regime, they are already paying a new price for the Trump trade war.
The price will be high since April 9 for countries that are considered an enemy, especially for free trade, for those who have considerable trade surplus with the United States.
Trump has announced a total of 54%for China, 20%for the European Union (EU), 46%for Vietnam and +24%for Japan, about 80 countries and territories.
Fed president warned that Trump tariffs would “accelerate inflation and lock the American economy”
Fed President Jerome Powell said on Friday that the new Trump government charges should accelerate inflation and reduce economic growth, and that the Fed Focus (Fed) Focus is keeping a temporary increase in temporary prices.
Powell stated in a written comment that their effects on tariffs and economics and inflation are “greater than expected.”
The official said the tax taxes were “too much”.At least one temporary increase in inflation“But added” effects are more constant. “
“It is our responsibility to make a special increase in the price of a special increase in a continuous inflation problem (…),” Powell said in the comments made in Arlington, Virginia.
Powell’s focus on inflation will not change the Fed interest rate 4.3% in the coming months.
Prior to this speech, Donald Trump was asked to cut interest rates in the publication on the Satya social platform.
The Republican president wrote, “Fed President Jerome Powell is the right time to cut interest rates,” he said that inflation has fallen since he returned.
But Pavel also claims to be “very fast” to adjust the monetary policy.
Economists predict that tariffs will weaken the economy and threaten hiring and prices.
In this scenario, the Fed can reduce the rates to increase the economy of the Fed to counter inflation, or can raise them.
