From April, US President Trump also wants to raise tariffs on agricultural products. He called on domestic farmers to produce in masses. As of today, the tariffs on goods from Mexico and Canada should also apply.
US President Donald Trump has promised tariffs for all agricultural imports. As a date for the new tariffs, he announced on his online platform Truth Social April 2. He did not give details about this.
At the same time, Trump called on farmers in the United States to boost their production for the domestic market. “To the great farmers of the United States: Prepare you to produce a lot of agricultural products that are to be sold within the United States,” he wrote. “From April 2, tariffs will be raised on external products. Have fun!”
Trump uses customs threats as Negotiation tactic
It is open whether the tariffs should apply to imports from all countries worldwide – or whether there will be exceptions for certain trading partners. Trump often uses customs threats as a negotiation tactic to force concessions.
The Republican had announced various tariffs in recent weeks. However, some of them were suspended again. Trump, in early February, was only a few hours before the penalty tariffs of 25 percent on goods from Mexico and Canada, which were threatened to come into force, to the neighbors' concessions, especially when it comes to border security. For this he pushed the trade restrictions on for initially 30 days.
Yesterday Trump then explained that the United States will raise the threatened tariffs on goods from Canada and Mexico from Tuesday. He again fueled fears of a North American trade war.
Customs surcharges for Chinese products
Trump had also announced tariffs of 25 percent on products from the EU last week that should apply to cars, among other things. As of today, an additional customs surcharge of ten percentage points on Chinese imports should apply. At the beginning of February, Trump had already put a first customs increase of ten percentage points on imports from China.
For mutual tariffs on goods from various countries, the US President also called the date April 2nd in the past.
