Trump re -corrected and softened the tariffs to the automobile sector with a retroactive effect | International

Donald Trump’s trade policy continues to change the form of confusion. This Tuesday, the President of the United States again corrected He decided to soften the tariffs imposed on the automobile sector. It also curls the curl of uncertainty and legal insecurity and also with retroactive effects. In addition to Trump correcting, companies are trying to influence that concession.

The President confirmed the new script turn in his trade policy by leaving the White House on the way to Michigan, He rallys to celebrate the first 100 days since he returned to the White House. During that period, Trump signed more than 140 decree, about a dozen commercial policy, most of which were in the correct or correction of their own decisions.

The White House has not yet published a decree with Trump corrected so that some details are unknown. According to beyond the plan, the plan will be implemented on the imports of car parts, which will come into effect on May 3, allowing car manufacturers to get up to 3.75% of the value of a vehicle made in the United States for a year.

Reimbursement will be reduced to 2.5% of the value of the car in the second year and the next year will be removed in an attempt to promote national manufacture. Compensation is available for cars made after April 3 and also benefits foreign groups for cars in the United States.

“If car manufacturers cannot find parts to their vehicles we don’t want to impose penalties,” Trump said using the argument. Manufacturers can continue to find parts and raw materials, Trump only makes them expensive as they have imposed tariffs and the cars they make are not much competitive. This is a measure of “transformation”.

The same logical is actually repeated to all the fields of the economy, but the president is dedicated unilateral to lift and impose tariffs that seek to lift and impose, sometimes with companies companies with companies, Trump donors. IMF warned how the path to the economy opens for corruption.

“There is uncertainty about commercial, economic and environmental regulations, and we are active with Congress and administration,” On Tuesday, GM’s president and CEO Mary Barra suggested in his quarterly letter to shareholders. “In our conversations, we have highlighted the importance of strong manufacturing and American leadership in advanced technologies. We share a lot of things and appreciate the conversation.”

It is important to have good contacts with administration than the design and manufacture of competitive products, which introduces distortions in the economy, they must balle productivity.

When leaving from the White House, Trump pointed out that he had a call with Amazon President Jeff Bezos on Tuesday. After proposing to publish a portion of the price in some of its products due to the increase in electronic commerce giant tariffs. White House prefers not to know the effect of its actions and His spokesman Karolin Leivit on Tuesday broke up against Amazon At a press conference. Amazon dismissed this idea. “He has solved the problem very fast. This is a good person,” said Trump, paying for the tycoon months, especially Washington Post.

At the moment, Trump’s trade policy is giving unilateral destructive results. Imports were identified in the first quarter of the records, Companies and customers have decided to advance their purchases abroad in fear of tariffs. With this, The United States trade deficit sprayed all records between January and March.

As a result of uncertainty and trade war, many companies have reduced or retired their expectations. At that time, the customers’ belief was submerged and inflation expectations fired themselves. The Department of Commerce publishes its first estimate on the evolution of the United States’s Gross Domestic Product (GDP) in the first quarter. Economists expect a dry break of growth to be jealous of the world until Trump returns to the White House.