The so -called “reciprocal” customs duties, which President Donald Trump wants to impose, will come into force on April 2, a White House spokesman, Carolin Levit, assured a press conference today. “The president was particularly clear about his intention for April 2, it will be a big day for our country,” Levit said, noting that “important duties will come into force”. The “reciprocal” customs duties consist of imposing on products entering the US from a country the same level of taxation as that that the country applies to US products entering its territory. Earlier this week, Finance Minister Scott Bessed said that “countries will receive a percentage, which is, which, in our opinion, represents the duties they impose.” “We will see them and say: ‘Here, this is the amount of your duties, your non -tariff barriers, the […]
Source: News Beast

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