All this is for our canopy of Trump’s 25th day.
If you register, here is a summary of the key advances the day.
By Paul Kelso and economic correspondent
Taken in its nominal value, Donald Trump’s hug of reciprocal costs is a general declaration of war of the industry that would constitute the greatest surprise in peacetime for the global industry.
When promising to gather imports on any country that imposes costs or VAT for US exports, it follows a promise of crusade to respond to a deficit of the industry of almost one billion dollars, the difference between the price of US exports and His imports, which he thinks this is for a tax on US jobs.
In response, it needs to implement costs such as “external reverse service”, softening the American deficit and, hence the theory, comparing imports in favor of national production.
With the promise of repairing industries, the production of fleas lost to Taiwan and the manufacture of cars and pharmaceutical products in Europe, it promises a traditional attack -media through the country opposed to the quo.
Its main objectives are the main commercial partners with which the industry deficit is the highest.
Mexico and Canada, the European Union, whose 10% tariff on US cars is a special irritation, such as the nations of the BRICs, Brazil, Russia, India (which impose 9% costs of US imports), China and South Africa .
What this means for the United Kingdom will not be sure, as long as the main points are not revealed in April, however, it is a blow to Whitehall’s emerging vision that Great Britain can stand out unharmed from Chaosarray
To begin with, the United States manages a surplus of the industry with the United Kingdom in a peculiarity of statistics, the United Kingdom believes that it also has a surplus and Brexit has placed it out of the doors the block of the EU with the capacity, to the Less in theory, be more agile.
The United Kingdom also imposes direct costs to very few Americans after an agreement in 2021, negotiated through the Secretary of Commerce, Liz Truss, who eliminated denim of denim and motorcycles for Great Brittany, and from the Scottish whiskey and the other meaning. .
But we upload VAT to imports, and Trump’s risk to treat sales tax as a call through the so -called British exporters.
Analysts estimated that they can carry 21% to the position of exports, a blow of 24 billion sterling pounds to national income.
Pharmaceutical products, cars, chemicals, clinical tools and the aerospace industry, the main parts of our US export industry of 182 billion sterling pounds, will be potentially affected, but pain will be shared.
The costs are paid through the importer, the exporter and even Trump accepts that they will be inflationary.
Rue Main costs can continue to be the greatest impediment of the president’s price plan.
By Sean Bell, Army Analyst
President Trump obviously indicated that the end of the war in Ukraine is an early precedence for his presidency, however, his proactive commitment to President Putin to begin peace conversations caused a series of considerations of the Ukraine and NATO partners.
Although the war is despite everything attracted by the end of diplomatic commitment and negotiation, it is not completely transparent what the role of US president at this stage.
After all, war is between Ukraine and Russia and does not mean the United States. And it is very unlikely that any “imposed” agreement to Ukraine be credible or sustainable.
What is transparent is that President Trump adopts another technique for predecessor. The Ukrainian club in NATO is no longer a viable option, and Trump transparently indicated that returning to the Ukrainian borders before 2014 is “unrealistic. ”
Although President Zelenskyy is disappointed that the NATO club is out of the table, in recent interviews, he informed that the remarkable territory in Russia may be less than making sure that the security promises required to ensure that any repetition that any repetition Russian attack period.
What is less transparent is the reason why Trump, an experienced negotiator, would offer Putin concessions before any negotiation.
Many army analysts that Putin will only take into account the cessation of his illegal invasion once he has achieved his army goals, and although the progress in Battlefield beer, slow and highly wear, Russia is still moving forward and that Ukraine loses.
Why prevent now, unless you have conditions, in which a western capitulation would be considered?
Everything that President Trump says not to be taken at his nominal value. In recent weeks, he has threatened the action of the Army on the Panama and Greenland channel, reported that the United States would take control of the Gaza Strip and have begun negotiations, regardless, with Russiaarray
Behind agricultural rhetoric, there is a hidden agenda.
President Trump said, for many years, that he thinks that NATO members assume a higher percentage of the collective defense burden.
In fact, his new Secretary of Defense, Pete Hegseth, cited former US president Eisenhower who warned NATO members “to make a cup of suction to Uncle Sam. ”
The United States assigns more than 3% of GDP in defense, and its general expenses exceed the defense expenses of the rest of the combined NATO, through a safe margin.
Trump has long argued that if NATO members take the merit of membership protection benefits, they pay their way, but NATO third members still do not respect their legal responsibility agreed to spend 2% of the GDP for defense.
It is quite imaginable that Trump uses the Ukrainian war to concentrate European minds on the need to develop their collective defense expenses.
In informing that the United States focuses on China and that disorders in the European continent are treated locally, Trump obviously indicates that NATO’s long -term viability is in the hands of Europe.
Although Trump reported that 5% of GDP is a more realistic objective for defense expenses, the Secretary of Defense would not be attracted through the consultation of whether this is also an objective for the United States.
What most probably is that, in the typical Trump flavor, it appears in the headlines based on an impracticable “stretching” target, waiting for 3% to seem more pragmatic.
Whether Trump is able to force NATO members to fulfill their obligations or leave NATO’s protective umbrella, however, it is transparent that many European leaders are incredibly large developments.
Donald Trump has already spoken in the duration of what he hopes to renounce Ukraine to abandon negotiations with Russia to finish the war.
He said that the NATO club was not practical and that Ukraine probably not all its occupied lands.
Now in a press convention with the Indian Prime Minister, a journalist asks Trump what he thinks Russia leaves in return.
“Russia has embarked on anything I think they need to have,” Trump said.
“If I, president, had not happened, would surely have not happened, and it has not happened for 4 years.
“If you look at what happened under President Bush, they have lost a lot under President Obama, they lost Crimea, Bajo Biden, it turns out that they can lose everything, under Trump, they did not do anything lost, Ukraine has not lost anything.
Then repeat a Kremlin story driven through Russian officials without evidence: “Russia took over a rather giant component of the territory and also said from the first day before Putin, they said that they simply cannot have the ‘Ukraine in NATO .
Donald Trump and Indian Prime Minister Narendra amend questions at a joint press conference.
Trump chooses a journalist who raises softball, praising Trump for “peace through force” and calling Joe Biden incompetent and weak, before asking Modi how sure of himself is in President Trump who Your predecessor.
Trump makes the decision to ask the question, as an opportunity to criticize the last administration.
About prices, Trump says that India “very strong in prices” and “is very difficult to sell in India. “
“Regardless of India, we describe them,” Trump said.
“I think it’s only for citizens of the United States. “
Donald Trump and Prime Minister Narendra Moda, a joint press conference.
The US president complains about Indian costs and says that the couple will begin negotiations.
“We are a safe recreation courtyard, which we believe we are entitled. “
He says that the two nations unite their strength to ensure that AI is evolved “by two of the maximum, intellectual and technologically complex nations. ”
The couple agreed to create an industry direction from India in Israel and Italy in the United States, he said.
Modi says that his vision of India is “making India great. “
“When it is Maga Plus crumbs, it becomes Mega: a mega association for prosperity. “
Indian and American paintings on an industry agreement, he said.
Modi says that the United States and India will point to $ 500 billion in the bilateral industry until 2030.
The United Kingdom can be beaten as 24% if Donald Trump follows his threats to treat VAT as a price, according to an economist.
Paul Ashworth, economist leader of North America in Capital Economics, that Great Britain would be the fourth most difficult, after India (29%), Brazil (28%) and the EU (25%).
This is based on VAT rates combined with existing prices, however, Trump’s management also intends to take into account regulations, government subsidies, virtual fiscal policies and exchange rate policies.
“Most other people would be revealed as a non -discriminatory tax, since it is also implemented in the goods produced in the national point, which makes a recess patio,” said Ashworth.
“But his advisor Peter Navarro has promoted the line since the first term of Trump that the United States applies to a decrease in the decrease in average sales tax at the state point, is a form of discriminatory rates. “
Donald Trump and Prime Minister Narendra Modi met at the Oval office.
“They will buy a lot of oil and gas,” Trump.
“We are going to make glorious ads for India and the United States. ”
For his part, Modi said Trump “maintains the ideal national interest. “
“And like him, I also maintain the national interest of India in the most sensible of everything else. “
One of Donald Trump’s maximum debutable signatures, Robert F Kennedy JR, has brought an oath as secretary of physical conditioning.
In observations that lead to the climb, Trump congratulated Kennedy, who would repair the trust of Americans.
Kennedy is an eminent skeptic of vaccination that has been criticized for “the conspiracy theories” (see our position at 4:28 p. m. ).
During the pandemic, he was faithful to a giant of his time for a non -profit organization that continued vaccines and exploited social media campaigns to erode confidence in vaccines.
Trump said: “Surely they decide to withdraw from the harmful chemicals of our environment and our food supply, and waste other American people waste the facts and responses we deserve after years when our public aptitude formula has been wasted. Trust. of our citizens.
“It is very complicated, it is an organization of other very bad people who look for it, but it is more complicated and smarter than them, and that is why it is here today. “