The White House announced that the upcoming customs duties imposed by US President Donald Trump will enter into force as soon as they were revealed on Wednesday.
“As a science, the announcement of customs duties will be issued tomorrow. It will enter into force immediately.”
“The president has always hinted at this matter,” Levit added, noting that Trump has always promoted the anniversary of April 2 as “Liberation Day” for America.
Trump stated that he would impose “mutual customs duties” that day, noting that many countries that impose customs duties on American goods may suddenly face new commercial barriers. He described this policy as the “largest”, and he recently said it “will start with all countries.”
But many details of the plan are still unclear, including the scope, intensity of customs duties and how to calculate them.
Levitte indicated at the press conference on Tuesday that Trump “stated last night that he had made a decision” regarding the level of customs duties that he will impose on Wednesday, according to a report published by the American “CNBC” network, and was seen by “Business”.
“I don’t want to anticipate the events. It is clear that this is a very important day. It is now with his team on trade and customs definitions, he completes the work to ensure that this is an ideal deal for the American people and the American worker, and you will all know the result within 24 hours from now.”
The White House announced earlier on Tuesday that Trump will give a speech on an event “Let’s make America rich again” in the garden of roses on Wednesday at 4 pm EST.
Excessive customs duties come to these mutual customs definitions in the wake of a series of other import fees announced by Trump since he took office on January 20. These definitions include exorbitant definitions on goods from Canada and Mexico, as well as special definitions of certain industries on minerals, and recently on imported cars.
Trump said when it was announced last week that these “permanent” customs definitions on cars would enter into force on Thursday.
Investors and American stock sales fears, as well as the spokesperson, the importance of market fluctuations before the announcement. Investors fears that customs duties may lead to the high prices of consumers to extensive sale of American stocks that lasted for weeks.
“As it was in his first term, Wall Street will be fine,” Levitte said, according to the Bloomberg agency.
When asked about the idea that White House advisers may misrepresent the impact of customs duties and eventually harm the American economy, Levitt denied this possibility.
The imposition of 20% customs duties on most of America’s imports said: “They will not make mistakes. The matter will succeed, and the president has a wonderful team of advisers who have been studying these issues for decades, and we are focusing on restoring the golden age of America and making America a superpower in the field of manufacturing.”
The Washington Post reported today, Tuesday, quoting well -informed sources, that White House advisers formulated a proposal to impose customs duties by about 20% on most imports to the United States at least.
Trump imposed since his return to the White House in January 20% on all commodities received from China, and threatened to impose customs duties by 25% on most of the goods received from Canada and Mexico and then postponed their application, and imposing large customs duties on steel and aluminum imports, and announced the imposition of customs duties by 25% on imported cars, and announced that the second of April will be “the day of liberation”, as it intends to In it, universal customs duties are revealed.
