Many countries exploited the United States, stealing intellectual property or demanding surcharges on American products, he complained. This would change. Trump said that he would get so -called reciprocal tariffs. By this he thinks that America will in principle require the same surcharges for imports from other countries in the future. Customs in the amount of ten percent should apply universally on imports from all countries to the United States – beyond, there should be individual penalty taxes that vary depending on the country. “This day will enter the story” all imports from the European Union would be loaded with an import customs of 20 percent, it emerges from a table that showed Trump during the presentation. “They play us off. It’s so sad to see that. It’s so pathetic,” said the Republican with a view to the Europeans. The President also announced that tariffs on cars that are not built in the USA are burdened with a surcharge of 25 percent. He left open whether the general import duties and auto tariffs add up. It was not entirely clear at first whether he referred to this calculation to tariffs towards America because he also spoke of non-monetary scaffolding and subsidies from other countries. Trump said the “Make America Weathy Again” project started on this “day of liberation”. “This day will go into history as the day when the American industry was born when the day when America has recaptured its fate, and the day we started to make America rich again,” he said. This is one of the most important days in American history. The “Golden Age” of the USA is coming back. Trump wants to achieve state incorporation with the new customs strategy of Trump’s new customs strategy was eagerly awaited. At the beginning of this week, the worst quarter ended on the American stock exchange-measured by the standard-& Poors index and at the Nasdaq Composite Index. Economists fear that this could dampen the expenses and investments. An index that measures uncertainty in terms of trade policy achieved new record values. The German foreign trade president Dirk Jandura expects negative consequences for the German economy through the tariffs now announced by Donald Trump. “I say it very openly: We will feel that,” said the President of the Federal Association of Wholesale, Foreign Trade, Services (BGA). “We will have to implement the tariffs into price increases, and in many cases this means a decline in sales.” In the case of smaller companies that have already been weakened from the past difficult years, that can also mean that. With that it also affects their workers. Germany would also affect an estimated export decline of 15 percent, which is forecast by the IFO Institute, for example, as a result of the tariffs. “We are an exporting nation,” emphasized Jandura. Trump kept the decision until the end. He said on Tuesday in front of journalists that he had committed himself to a procedure – but did not reveal which plan he was pursuing. This was preceded by unanimous media reports, according to which his advisors who are entrusted with the elaboration could not agree on a uniform line because it was not clear what goal was priority: Trump wants to achieve state framework with tariffs, use them as a means of pressure to move other nations to lower their own trade barriers. And finally, the tariffs are supposed to encourage companies to move their production completely to the USA. Trump’s trade advisor Peter Navarro, a supporter of unit tariffs, recently said that they could bring in $ 600 billion a year – money, for example, to reduce income taxes. Kevin Hassett, the head of the National Economic Council in the White House and formerly known as a free dealer, but supported reciprocal tariffs how they should come. Hasetted recently that a series of nations had already come to the government in Washington and had offered to lower their tariffs if they were spared from Trump’s new tariffs. Hassett obviously hopes that the threat of reciprocal tariffs could even lead to a reduction in global tariffs in the medium term. However, this would also lose state revenue that Trump would like to achieve.
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