Trump signs memorandum of reciprocal tariffs, following are key information known
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金色财经|Feb 13, 2025 19:59
According to Golden Finance, US President Trump signed a memorandum on Thursday introducing equivalent tariffs. White House officials have stated that these tariff measures will not take effect on Thursday, but may begin to be implemented within a few weeks. The Commerce Secretary nominated by Trump stated that the government will handle each country on a case by case basis, and policy research is expected to be completed by April 1st. White House officials have stated that the United States will submit a report within 180 days detailing proposed measures for specific countries, without ruling out the possibility of a global unified tariff. Trump stated that the practice of shipping goods through other countries to avoid switching taxes will not be accepted; We will consider countries that adopt the value-added tax system as tariff targets; It is expected that tariffs in many countries will remain unchanged; Don't expect any exemptions; Tariffs will soon be imposed on automobiles, steel, aluminum, and pharmaceuticals, and automobile tariffs may be implemented simultaneously with tariffs on other industries; Short term prices may rise.
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