Trump blows new customs on cars in April

President Donald Trump said he would reveal new definitions of cars, increasing the wave of comprehensive import fees as part of his attempt to reform US trade relations. Trump explained to reporters at the Oval Office on Friday: “We will do so on April 2.” This step is the latest in a fast wide commercial war, as Trump shakes his promises during his election campaign to impose comprehensive customs definitions on the allies of the United States and its competitors. It comes a day after Trump revealed his most daring actions so far, because he ordered his administration to consider setting up the duties of the recreated customs on many commercial partners, in an effort to address what he says is a system that tends against the United States. Revenue fees can be imposed on countries that impose tax on the import of US goods in the nearest April. These fees differ from the sectoral definitions that Trump promised on cars and threatened to lay it on other industries, including energy, semi -conductor and medicine. Earlier this week, he also announced plans to impose customs duties with 25% on steel and aluminum imports. Car companies threatened by customs duties that threaten that car fees threaten to fire some of the largest brands in Japan, Germany and South Korea in the Trump. Imports formed nearly half of the car market in the United States last year. About 80% of Volkswagen’s sales are imported into the United States, while 65% of Hyundai Kia sales are imported into America, according to the number ‘Global Data Research company. Trump provided no details on the scope or rate of possible car fees on Friday. It is also unclear its impact on manufactured vehicles under the free trade agreement between the United States, Canada and Mexico. The supply chains of car production in all parts of North America are very integrated. The neighbors of the United States, the two most important commercial partners, are already facing 25% tariff threats on imports announced by Trump, and then temporarily stopped them until March, in an effort to withdraw concessions from Mexico and Canada over border safety, which is one of its most important priorities. Trump has used customs tariffs to utilize political concessions from other countries about immigration and illegal drug flow. He has emphasized customs duties as a tool he says will persuade the companies to transfer production to the United States. During his campaign, he said he wanted German car businesses to become US institutions, a noble goal that is likely to be achieved due to commercial barriers.