Ax, known users on the economy, removed the president, denouncing his commercial policies, that the White House has often responded
President Donald Trump was called “jester” online As he revealed his plans to impose new taxes on “probably 12” countries.
Ax, known users on the economy, removed the president, denouncing his commercial policies, which the White House has often supported just before entering in force. Fear of provoking a recession. This time, Trump said he would be sending letters to the affected nations. “This jester is President of the United States,” Grunyir gathered. “Absolutely unpleasant,” he added a second.
Others mentioned how their administration imposed rates On an island inhabited only by penguins in April. In an interview with Air Force, Trump told journalists “probably 12” letters related to “different amounts of money, different amounts of rates”. He said he will reveal the countries on Monday.
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“It will spend months à la carte to reach Penguin Island,” the user joked.
After a new analysis found that a critical group of North -Americans would face a direct cost of $ 82.3 billion from Donald TrumpThe current fare plans, a sum that could be managed through price hikes, layoffs, contracting freezes or lower profit margins.
The analysis of the JPMORGANCHASE Institute is one of the first to measure direct costs created by import taxes in companies with annual income of $ 10 to $ 10 million, a category that includes about a third of private sector workers.
These companies are more dependent than other imports companies in China, India and Thailand, and the sectors in detail and who who, would be especially vulnerable to import taxes than the Republican President.
The findings show clear compensation for Trump’s import taxes, contradicting their claims that foreign manufacturers would absorb the costs of rates instead of American companies who trust in imports. Although the rates launched under Trump have not yet increased global inflation, large companies like Amazon, Costco, Walmart and Williams-Sonoma delayed the potential accounting by creating their inventories before taxes could be imposed.
The analysis comes just ahead of the Trump July 9 period to formally establish the rates of the goods of dozens of countries.
Trump imposed this period after financial markets were in response to their April tariff ads, which caused him to schedule a 90 -day negotiation period when most imports faced an initial rate of 10%.
China, Mexico and Canada have higher rates and there are 50% of separate rates in steel and aluminum.
If the initial rates of April 2 remained in place, the companies of the JPMORGANCHASE Institute analysis would have dealt with additional direct costs of $ 187.6 billion. Under current rates, $ 82.3 billion would be equivalent to average $ 2,080 per employee, or 3.1% of average annual payroll. These averages include companies that do not matter and those that do so.
Asked on Tuesday how trade conversations are held, Trump said simply: “Everything is going well.”
The President has stated that he would establish the fares given the logistics challenge of negotiating with so many nations. As the 90 -day period ends, only the United Kingdom has signed a commercial framework with the Trump administration. Trump announced on Wednesday that he had reached an agreement with Vietnam, while India said he is about to agree on a commercial framework.
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