Donald Trump reveals the details of his price offensive

This article was automatically translated from HIBAPRESS, the Arabic version:

Hibapress

The American president, Donald Trump said on April 2 “Liberation Day” for the trade policy of the United States, by revealing the details of a vast customs duties as drastic reprisals.

“My American fellow citizens are the Liberation Day,” said the American president during a ceremony in the Roseraie de la Maison-Blanche, in front of members of his cabinet, republican leaders in Congress and several workers including employees of the automotive industry and steel.

The head of the American executive has thus declared a new price of 10% on all imported goods, as well as an additional punitive import tax adapted to each of the 60 countries which, according to his advisers, maintain the strictest barriers against American products.

Among other things, China will be imposed on customs duties of 34%, 26% for India, 24% for Japan, and the countries of the European Union, rights of 20%.

In addition, customs duties of 25% are taxed on cars exported to the United States.

Trump noted that his new pricing policies “would make America again rich”, before brandishing a sign on which the reciprocal customs duties are indicated which vary according to the countries.

April 2, 2025 will forever be remembered as the renaissance day of American industry, he said.

Democratic elected representatives at the Congress, as well as many economists, warn that the increase in imported taxes decided by Trump will shock on some of the most important purchases of Americans, including food, cars and houses.