Trump warns that no country will be ‘off the hook’ on tariffs, despite his 90-day pause on some levies

The president of the United States, Donald Trump, warned on Sunday, April 13, that no country “out of the hook” in tariffs despite a 90 -day break in some taxes, while minimizing exemptions for Chinese technology. Global markets have been in a roller coaster since Trump’s announcement on April 2, decreasing sharply before partially recovering with their 90 -day break on the most steep rates last week.

Most of the nations will now face a 10% basal rate for the China of almost three months, except China, which launched an escalation of tit per eye. Exchanges have seen that US taxes imposed on China rise to 145%, and Beijing established a 125% reprisal band in US imports.

The Trump administration has said it intends to negotiate trade agreements, even with China, but it is not clear what terms would be willing to accept the president. For a long time he said that the United States commercial deficits are the result of unfair practices that must be corrected, although their tariffs also affect the countries with which the United States has a commercial surplus.

“Nobody is ‘out of the hook’ for unfair trade balances and non -monetary tariff barriers, which other countries have used against us, especially China, which, with much, treats us the worst!” He wrote on his true social platform on Sunday.

In addition to the general postponement for other countries, Trump issued exemptions for semiconductors and Chinese manufacturing electronic products, amid warnings that US consumers faced prices fired by products such as smartphones and laptops. On Sunday, however, Trump said that “it was not an” exception “of the rate in those products, saying that they remained subject to a 20% rate in a” a different rate “cube.”

Previously, Beijing’s Ministry of Commerce had said that Friday’s movement only “repeats a small step” and insisted that the Trump administration should “cancel” the entire tariff strategy.

Short duration relief?

The relief could be of short duration, with some of the electronic consumer products exempt from the next specific tariffs of the sector on goods considered key to the US National Defense networks. UU. Trump has said that it will give “very specific” details on Monday, and its secretary of Commerce, Howard Lutnick, said that semiconductor rates would probably be in force “in a month or two. Lutnick said the pharmaceutical products “would also be out of reciprocal rates,” using a fees for tariffs aimed at bringing all the United States commercial imbalances to zero.

The White House says that Trump is still optimistic about ensuring an agreement with China, there officials of the United States have made it clear that they hope Beijing will communicate first. Trump’s commercial representative Jamieson Gerr, told CBS Face the nation On Sunday we “have no plan” for conversations between the president of the United States and his Chinese counterpart Xi Jinping.

China has tried to present Itelf as a stable alternative to an erratic Washington, which serves the countries scared by the global economic storm. XI on Monday begins a five -day tour in Southeast Asia to talk with Vietnam leaders, a manufacturing power, as well as Malaysia and Cambodia.

The consequences of Trump’s rates, and the reversals of the subferent cervical whip policy, have sent special shock waves through the economy of the United States, and investors throw government bonds, the fall of the dollar and consumer’s confidence. In addition to Trump pressure, Wall Street billionaires, including several of their own supporters, have openly criticized the tariff strategy as harmful and counterproductive.

The White House insists that aggressive policy is paying off, saying that the boxes of countries have already opened trade negotiations to ensure an agreement that ends the 90 -day pause. “We are working 24 hours, day and night, sharing paper, receiving sacrifices and commenting to this country,” Greer told CBS.