Trump’s new rates applies to the growth of trade war

US President Donald Trump has implemented a wide range of new rates on countries around the world to increase his trade war.

Washington, D.C. A few minutes before the deadline of midnight, Trump said on social media, “It’s midnight !!! Billions of dollars are flowing in the United States.”

Earlier, the President hit India at a rate of 5%, which will be implemented on August 1 August Stops buying Russian oil??

Trump threatened 100% rate on foreign -made computer chips as Tech companies were pushed to invest in the United States. Apple Paln came when it was announced new US investment of $ 100 billion (£ 75 billion) After the pressure from the White House to move to the United States to the United States.

Last week, the Trump administration announced a revised list of import tax on dozens of trade partners and extended the deadline for countries to reach August 7 to contract with the United States.

Trump is called “parpper rates” – the country is racing to contract with Washington to draw – – – or scrap.

The objective of his trade policies is to resize the size of the global trade system, which he behaves unjustly to the United States.

Export-based economy in South East Asia is the most difficult by new rates.

The manufacturing-coconut Laos and Myanmar charged somewhat 40%of the charges. Some experts say Trump has targeted the countries Closed trade relationship China with.

Some major economies – including UK, Japan And South Korea – Trump has already signed a contract to get a lower rate than threatens in April.

The European Union The framework deal with Washington is also made, in which Brussels accepted a 15% rate on goods in the trading block.

Washington associate in Asia Taiwan was given 20% rate. His president Lai Ching-T said that the rate is “temporary” and the talk of the United States is still underway.

Last week, Trump increased Canada’s rates from 25% to 35%, saying that the country was “failed to cooperate with the flow of fennel and other drugs beyond the US border. The Canadian government says they are on the verge of alcoholic gangs.

But due to the existing trade agreement in most Canadian exports to the United States, the United States-Mexico-Kanada Agreement (USMCA) will raise import taxes.

High rates on Mexico were paused for another 90 days as the negotiations continue in the trade agreement.

On Wednesday, Trump said he would raise 100% rates on a foreign -made semiconductor.

Chief Chipmaker The one who has made a significant investment in the United States seems to have suffered a new rate. Government officials in Taiwan and South Korea said in an independent statement that TSMC, SK Hinics and Samsung will be exempted from the new charge.

The White House did not respond immediately to the BBC request for the explanation.

The BBC has also contacted SK Hinics and Samsung. TSMC refused to comment.

Also on Wednesday, Trump raised the total energy of the third Chhird of the world’s third energy importing the world to stop buying oil from Russia, and Trump raised the total rate on India by 50%.

New Delhi has called the movement “unjust, justified and unrealistic” and promised to protect national interests.

Brazil exports in the United States also faced 50% of the rates. Trump alleged that President Louis Inowo Lula Da Silva alleged that the US technology institutions were unfairly attacked and the “magic search” of former President Janer Bolnaro’s case.

The US and China have discussed in many discussions as they try to accepted the expansion of the 90-day rates expanding on August 7.