Trump 20% Tariff: ‘This is finally Trump’s decision’: There is no consensus between colleagues at 20% tariff hour before ‘Mukti Divas’
A few hours before Donald Trump’s ‘Liberation Day’, his advisors were offering an option for him on Tuesday how to know about tariff cheese because it includes many countries and markets. Although Trump announced on Monday that he settled on a tariff scheme, an official at the White House told CNN that he did not believe that Trump would arrive at a decision before the announcement of 4 pm today.
20% tariff on most imports: White House Disagreement
Trump’s colleagues have proposed to impose about 20%tariffs on most imports in the United States. The scheme is believed to send shock waves to the global economy and hence many options have been presented to Trump.
- An option is to increase import duties on products from almost every country.
- The White House was also considering an order that would apply a separate tariff rate to individual countries.
- Trump said, “a universal tariff has been pushed because it is simple compared to country-specific measures.”
- Wilber Ross, who served as Commerce Secretary during Trump’s first term, said the White House is considering setting up a flat rate on imports of 15 percent to 25 percent.
- There was a discussion on giving some things exempted that we do not make some wooden products.
- Treasury Secretary Scott Besent swam a tariff number for each country. But its negative side is that a country can send its goods to those countries with which import duties are reduced and then reaches within America.
‘This is finally the decision of Trump’
Wilber Ross confirmed the Washington Post that Trump’s senior team had disagreement as some people are more extreme in the White House. “At the end of the day, this time, unlike the last time, this is finally Trump’s decision and everyone will suit his decision,” Ross said.
