From April 5, the United States will impose a 10% tariff on almost all countries, and from April 9, higher tariffs will be introduced for individual countries.
Donald Trump has decided to correct the trade imbalance in the United States (the predominance of imports over exports) by introducing tariffs for almost all countries in the world.
In addition to the «basic» 10%, individual countries will be charged much higher rates. For example, China — 34%, the European Union — 20%, India — 26%, Japan — 24%, Vietnam — 46%.
«For years, hardworking Americans have been forced to sit on the sidelines while other countries have grown rich and powerful — in many ways at our expense.
But now it is our turn to prosper and use trillions and trillions of dollars to reduce taxes and pay down the national debt,» the American president said.
However, experts believe that the effect of the tariffs may not be what Trump expects.
— Many countries promise to introduce retaliatory measures. Trump threatens that such a step will cause an even greater increase in tariffs — as a result, an escalation is possible.
— Tariffs can have a significant impact on the global economy and plunge it into recession. Moreover, the United States itself will not be an exception, moreover, they are in a special risk zone, since they are largely dependent on imports.
— Almost all experts unanimously say that the introduced tariffs will cause a new round of inflation in the States, since suppliers will have no choice but to include high tariffs in their prices. Ultimately, it will be the Americans who will pay Trump’s tariffs.
At the same time, Russia in the current situation, paradoxically, should not suffer much: its trade with the States and dependence on them in recent years has decreased due to sanctions to almost zero.
Moreover, the Russian Federation is not even on the list of countries to which duties will be applied, although there are even uninhabited Australian islands. The US explains this by the fact that there is no trade with the Russian Federation, although this is not entirely true.
At the same time, the global recession may cause a decrease in oil prices, and this will turn out to be extremely negative for Russia.
In general, the trade war between the US, Canada and China may shift the priorities of the US, so that anti-Russian sanctions will be weakened, analysts believe.
In particular, this may have a positive effect on agricultural exports from the Russian Federation. There is a possibility that the US will soften restrictions on the export of seafood, as well as peas, rapeseed and rapeseed oil and a number of other products.
