Commercial conflict: “Stop by”: Trump asks Citizens in Zoll dispute for patience

Many Americans are feeling the severe turbulence through the US President’s customs package – now Donald Trump is trying to calm his compatriots with perseverance slogans. “Stop through – it will not be easy, but the end result will be historical,” wrote Trump on the Truth Social platform. “This is an economic revolution and we will win.” While Trump’s customs package destroyed investor assets in billions of bills and snubs and traded in the trading partner, his influential consultant Elon Musk spoke out for a free trade zone with Europe.

The United States could have been exploited for a long time, but that was now over, promised Trump. Jobs, companies and shops would “like never before” through the step back to the USA. But at best, the chances of success of his radical all -round are uncertain.

Consistent all -round strike: recession and trade war?

Economists warn of an upset recession in the United States and see Trump’s customs policy more as a strategic own goal, which will ultimately also harm the United States. The head of the US Federal Reserve, Jerome Powell, also expects higher inflation and slower growth for the USA. A global trade conflict could also plunge the entire global economy into a deep crisis. Some countries such as China and the EU are ready for drastic countermeasures.

Musk’s electric car company Tesla, which produces and sells its vehicles in both China and Germany, should also feel the consequences. The policy of the new US government usually praises the tech billionaire exuberantly-or shapes it. But now Musk surprisingly advocates a transatlantic free trade zone without tariffs.

He hoped that the United States and Europe could agree on an even narrower partnership than before, Musk said at a party congress of the right Italian ruling party Lega on Saturday in Florence, to which he was switched on by video. “And as far as the tariffs are concerned, I hope that we are moving to a zero-inch situation with a free trade zone between Europe and North America,” said Musk, according to Italian simultaneous translation.

Americans pay the colliery

As a result of the customs package announced on Wednesday, imports from all countries to the USA now apply flat -rate tariffs of ten percent. On April 9, Trump wants to have even higher tariffs followed for countries with which the United States has a particularly large trade deficit in his view. Penal levies of 20 percent would be due on imports from EU countries. Other punitive levies on imports to the United States that had previously applied.

An import customs works similarly to a tax. The submission must be paid by the importing company – in this case by companies in the USA. However, it is likely that the importing companies do not simply bear the higher costs themselves, but pass it on to consumers – and the increasing prices heat up inflation. In the past few weeks, Trump had remembered that new tariffs in particular will burden American consumers through higher prices, always dismissed and spoke of temporary smaller “disorders”.

“Trump is at the golf while the stock exchange crashes”

With his huge customs package, Trump now also sent the stock exchanges worldwide – and thus also etched assets from private investors in billions of billions. Many Americans are invested on the stock exchange and are now worried about their savings, which was also evident in the nationwide protests against Trump’s government at the weekend. However, the organizers spoke of millions of participants with more than 1,300 rallies, but there were no official figures or estimates.

“I lost money yesterday because of the madness that this man puts us off,” scolded a 74-year-old demonstrator who was there in a protest in Chicago and was quoted by the “Wall Street Journal”. “It is not clear to him that pensioners live from this money at my age.” The fact that the president said goodbye to Florida for an extended golf weekend was particularly bad for demonstrators. “Trump is at the golf while the stock exchange crashes,” said the poster of an outraged woman.