Trump may impose a new tariff on the main sectors that start on Saturday – chips, steel between possible goals

president Donald Trump He said that the United States will impose a tariff on a variety of imports, including computer chips, pharmaceuticals, steel, aluminum, copper, oil and gas starting February 1.

What happened: President Trump has announced that the United States will impose a tariff on a wide range of imports. These definitions, which can be implemented, will be targeted by mid -February, will target computer chips, medications, steel, aluminum, copper, oil, and gas.

Trump also referred to his intention to raise the customs tariff for the European Union, citing his unfair treatment of the United States, but he did not provide details about the schedule or the extent of the increase. The European Union has not yet responded to these comments.

These newly announced definitions are separate from the 25 % pre -announced definitions on Canada and Mexico, and 10 % tariffs on China, which are scheduled to be implemented on Saturday, Reports Wall Street Journal.

Trump rejected concerns about the potential impact of these definitions on inflation or global supply chains, saying that any turmoil would be temporary and that the definitions would strengthen the American economy.

Also read: Trump’s tariff plans to gather the market

“I think there can be some temporary and short -term disorder in the short term and people will understand this. The definitions will make us very rich and very strong,” Trump said.

Leaders in Mexico, Canada and China, as well as executives of American companies, are closely monitoring the situation, especially with regard to possible exemptions for the main industries. The Trump team is currently negotiating on how to reduce the definitions of these countries, but Trump may still decide to move forward in a large -scale approach.

White House press secretary Caroline Levitt He stressed that the customs tariff for Mexico, Canada and China were imminent, but it refused to comment on potential exemptions or what commercial partners can do to avoid duties.

Trump’s advertisement led to a negative turn in the stock market, as stocks lost morning gains after Levit’s comments. Trump stated that there is nothing Canada and Mexico, and China can do to avoid tariffs before Saturday, but it mentioned the possibility of a less tariff on Canadian crude oil.

Why do it matter: The new definitions are a major escalation in commercial wars in the second term of Trump. This step may have a significant impact on global supply chains and may lead to increased inflation. The tariff can strive for relations with the main commercial partners, including the European Union, Canada, Mexico and China.

The capabilities of the main industries add another layer of uncertainty in the situation. The impact of these definitions on the American economy and the global market will be closely seen in the coming weeks.

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