How does US-IU trade deals affect imports

As a result of the President, a tariff simulator shows a dramatic reduction in global exports to the United States Donald Trump New trade agreement with European Union??

On Sunday, Trump announces a trade agreement with the European Union after a discussion with the President of the European Commission Ursula von der layin?? Trump said the agreement applies to the United States with a car with a car on most European goods.

Accordingly Rate simulator Through the online data visualization and distribution platforms, the US -based global exports in 2027 are expected to be less than 46% or less than 46% of the trillion of the last three years or less than 46% of the trillion. In 227, the world’s estimated US exports are expected to increase by $ 5% or 1.99 TR trillion over the average of the last three years.

In response to the trade agreement announced between the US and the European Union alone, the expansion of the extended gravity designed to estimate how the trade can be restructured. This estimate does not include the effect of all the widespread rates imposed on August 1.

Caesar Hidalgo, a professor of economics of the Toolus School of Economics, explained, “While the US is raising prices on the world, the world does not raise rates on each other.”, Director of Datavil, Director of Collective Education and Creating OEC Tariff Simulator.

“The point here is that in many of these situations in countries, they will have a natural tendency to eliminate their trade relations from the United States.” This is true for most countries except Mexico and Canada, which has become very integrated in the United States and are unable to work again as less integrated countries. “

Hidalgo using Germany as an example of the result of the rate, “The estimates of exporting from Germany to the United States in the early terms of the rate of 225 is from 127 to 333B (223) to 355B.” Hidalgo.

Depending on the 100% rate of tariff, the US will import UK ($ 22.5 billion), France ($ 10.2 billion) and Spain ($ 5.65 billion) and less (-485 billion) from China, Canada (-300 billion) and Mexico (-238 billion).

In this situation, China is expected to import more from Russia ($ 2 billion), Vietnam ($ 4 billion billion) and Saudi Arabia ($ 2 billion) due to the decline in Chinese exports to the United States.

Chinese imports from the United States are expected to fall by $ 2 billion.

Logistics experts have warned of months that even with a rate rate at a lower rate than the original “Mutual” rate Announced in April, the products are still Expensive??

The Layering Most of the prices will be more expensive to import and companies will consider shipment. Retail officials say the results will be Lack The diversity in the American shelf is made by American consumers.

CEO of Konada Ocean Carrier Atlantic Container Line CEO, Andrew Abot says that the level of rates for some European ships will be a decision -making factor.

Abbott said, “I have seen some bookings of high-value products (construction equipment, agricultural equipment, aerospace, transformers, etc.),” Abot said.

“It all depends on the rate rate. For example, an American customer buying a $ 300,000 piece of machinery can possibly evaluate the rates of $ 90,000, so some companies are waiting until the rates are fixed,” he said. “On the other hand, companies that bring low-value goods are ordering the product.”