US President Trump has made a further clearer stance on trade on July 7. I concretely touched upon the possibility of expanding high tariff measures on China to all imported goods, and remarked "bluntly" in Japan, which is advancing trade negotiations. It seems that the aim is to consolidate support for the November midterm election, and the pressures for market opening of agricultural products and the like are likely to be strengthened in Japan in the future.
"If I hope, I am ready to spend an additional $ 267 billion (about 30 trillion yen) immediately." Mr. Trump replied to the reporter when asked by reporters on the exercise of high tariff measures to China in the presidential special aircraft on July 7.
The U.S. government has already committed to imports of 50 billion dollars as the first and second rounds on the measures against middle and high tariffs against the intellectual property infringement. Mr. Trump touched on the possibility that nearly 200 billion dollars worth of activation of the third target will be announced on the 7th.
In addition, it showed intention to raise the fourth bulletin, which had been forecasted to be 200 billion dollars at the beginning, to 267 billion dollars. If you activate up to the fourth bullet as you say, it will cost a high tariff on all imported goods from China that will amount to over 500 billion dollars in 2017.
Regarding Japan, "I did not try to talk to the Obama administration due to trade problems, I will not be retaliated, because my country is weak and I thought no one would do anything." "I know that the partner becomes me and it will be tough if the deal (transaction) is not gathered."
The US and Japan will hold a second summit of the summit and the ministerial talks "FFR" in late September. The United States is expected to press down tariffs on beef and other imports and to expand imports, and the possibility of using high-tariff measures on automobiles as a pressure has also increased.
North American Free Trade Agreement (NAFTA ...