Thursday, April 3, 2025

World leaders call Trump tariffs 'wrong' and 'unjustified'

Italy's Giorgia Meloni and Australia's Anthony Albanese are among the world leaders who have come out in criticism of US President Donald Trump, after he announced far-reaching import taxes on products from across the globe.

Meloni called a 20% tariff rate imposed on the European Union "wrong", while Albanese said a 10% import tax on Australia's goods was "unjustified."

The US leader's announcement includes a universal 10% baseline tariff on all imports into the US from 5 April. Around 60 countries - including the EU and China - will also be hit with steeper tariffs from 9 April.

Trump said the measures would "make America rich again", adding that he had been "very kind" in his decisions.

 "For decades, our country has been looted, pillaged, raped and plundered by nations near and far, both friend and foe alike," Trump said.

15 comments:

  1. Russia is not included in the list of the 185 countries, subject to US customs duties under the principle of reciprocity.

    The list of nations, whom Washington suspects of using protectionist measures against US goods, was sent to journalists by the White House in connection with US President Donald Trump’s speech.

    The document mentions a number of former Soviet republics. For example, the US will charge 27% duty on goods from Kazakhstan, which earlier introduced a 54% tariff on US goods, and 31% - from Moldova (61%). Goods from Azerbaijan, Armenia, Georgia, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan will be subjected to 10% tariff.

    US Secretary of the Treasury Scott Bessent said Russia was not included into the list, because US sanctions have de-facto stopped bilateral trade.

    ReplyDelete
  2. The introduction of new customs tariffs will allow the United States to quickly repay its state debt, US President Donald Trump said.

    "Now it's our turn to prosper, and in so doing, use trillions and trillions of dollars to reduce our taxes and pay down our national debt, and it will all happen very quickly," Trump said.

    In his words, the measures will "supercharge our domestic industrial base."

    The US state debt currently exceeds $36.2 trillion. According to Congressional Budget Office’s estimates, it may exceed $50 trillion in 2034.

    ReplyDelete
  3. A commentary piece in China's state-run news agency Xinhua said Washington's "rampage" amounted to "self-defeating bullying" and an "oversimplistic tit-for-tat game".

    ReplyDelete
  4. Trump reserved some of the heaviest blows for what he called "nations that treat us badly," including 34 percent on goods from superpower rival China, 20 percent the European Union and 24 percent on Japan.

    ReplyDelete
  5. US President Donald Trump did not impose trade tariffs on goods from Russia, Belarus, Cuba, and the DPRK, since these countries are already under US sanctions, White House Press Secretary Karoline Leavitt told the Axios portal.

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  6. Ursula von der Leyen ha proposto agli Stati Uniti zero dazi reciproci sui beni industriali, ribadendo comunque che l'Unione europea è "pronta a contromisure"

    ReplyDelete
  7. Trump afferma che imporrà ulteriori dazi del 50% alla Cina se entro mercoledì la misura di ritorsione di Pechino non verrà ritirata

    ReplyDelete
    Replies
    1. La Cina annuncia dazi del 34% su tutti i prodotti statunitensi

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    2. Трамп пригрозил Китаю дополнительными пошлинами в 50% с 9 апреля, если КНР не отменит ответные меры на тарифы.

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    3. Trump amenaza a China con aranceles adicionales del 50% si no da marcha atrás en las medidas de represalia

      "Si China no revierte su aumento del 34% para mañana, además de sus abusos comerciales de larga data, Estados Unidos impondrá aranceles adicionales del 50% a China el 8 de abril de 2025, que entrarán en vigor el 9 de abril", escribió Donald Trump en la red Social Truth.

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    4. US President Donald Trump threatened China with additional 50% tariffs from April 9 if Beijing didn’t cancel its retaliatory measures against earlier US trade curbs.

      "Yesterday, China issued Retaliatory Tariffs of 34%, on top of their already record setting Tariffs, Non-Monetary Tariffs, Illegal Subsidization of companies, and massive long term Currency Manipulation, despite my warning that any country that Retaliates against the U.S. by issuing additional Tariffs, above and beyond their already existing long term Tariff abuse of our Nation, will be immediately met with new and substantially higher Tariffs, over and above those initially set," he wrote on the Truth Social media platform.

      "Therefore, if China does not withdraw its 34% increase above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50%, effective April 9th," he went on to say. "Additionally, all talks with China concerning their requested meetings with us will be terminated!" Trump continued.

      "Negotiations with other countries, which have also requested meetings, will begin taking place immediately. Thank you for your attention to this matter!" the US president said.

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  8. Canada has requested WTO dispute consultations with the United States over President Donald Trump’s decision to impose a 25 percent duty on cars and car parts from Canada, the World Trade Organization said on Monday.

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  9. Audi is suspending car deliveries to the US due to tariffs imposed by Trump, Der Spiegel reports, citing a company spokeswoman.

    "All cars that arrived in the US after April 2 must be held and will not be handed over to dealers," the article notes.

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  10. The European Commission (EC) has proposed introducing retaliatory tariffs of 25% on industrial goods from the United States from April 16, Reuters reported citing a confidential EC document sent to EU member states for approval.

    The agency claims that the EC has removed whiskey from the list of goods subject to import duties.

    The EC intended to impose a 50% duty on whiskey, to which US President Donald Trump threatened a 200% tariff on all European alcohol, which would hit the agricultural sector of Italy, France and other southern EU countries especially hard.

    ReplyDelete
  11. Guerra dei dazi, la Commissione Ue propone tariffe del 25% su beni Usa dal 16 maggio. La decisione il 9 aprile.

    ReplyDelete

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