Trump threatens to restore tariffs within weeks

Speaking at the White House, the American president has declared that “at the end of the day, I think what's going to happen is we're going to sign good deals, and by the way, if we don't have a deal with any company or state, then we're going to get back to the fees. I'd say in the coming weeks. Within two, the next three weeks”.

On April 9th, Trump had “sworn” most of the tariffs he had imposed on almost every US business partner. Its latest proposal creates uncertainty about importers and exporters whether to face the 10 percent fee warned at first or with a completely new figure.

So far, key components of the global economy have resisted pressure from the Trump administration. The European Union has stated that it has no intention of changing its rules to tax on added value a tax imposed on specific goods at the point of sale in EU countries or agricultural subsidies.

Neither has China shown any sign that it will withdraw in the face of Trump's decision to impose a 145% tariff on most goods of Chinese origin.

On Wednesday, a Chinese Government official has announced the US must stop threats and blackmail against China, and aim for dialogue based on equality, respect and mutual benefit. Seeking agreement under maximum pressure is not the right way to approach China and simply doesn't work”, the official stressed. /Periscope