Trump Counselors process a plan that will increase the tariffs on the products by about 20% for all countries
US President Donald Trump is set to announce the plan to impose duties at an event in the White House garden, which will take place Wednesday at 4pm (23.00 Greek time).
White house officials said that definitive decisions have not yet been made on the size and target of duties.
According to the Washington Post, Trump’s advisers are developing a plan to increase the tariffs on the products by about 20% for almost all countries, instead of the most targeted approach also examined. The US government estimates that with the new duties it will earn $ 6 trillion, which could be returned to American citizens.
One consultant said, however, that any reference to tomorrow’s announcements is but a “mere guess”.
The Republican president has already imposed duties on steel and aluminum imports and increased duties for all imported Chinese products, exacerbating tensions with his country’s largest commercial partners.
Source: RES-EIA