US President Donald Trump gave a helm this Wednesday in his commercial war With a 90 -day “pause” in tariffs Applied to dozens of countries, except to China, to which they are rising to 125% for having retaliation.
“You have to be flexible,” the Republican justified to journalists in the White House. He acknowledged that His announcement of a generalized customs offensive last week “scared” investors and put them “febriles.”
Trump acknowledges having followed the American bond market, a refuge value par excellence that has been in trouble.
On its platform Social truth The president reproached China which considers “lack of respect” and punished the country with customs rates of 125%, “with immediate effect.”
As more than 75 countries they have requested negotiations authorized “A 90 -day pause and a substantially reduced reciprocal tariff during this period, of 10%, also with immediate effect.” Rewards them for, according to him, not to have replicated.
The Dow Jones and the Nasdaq fired. The industrial Dow Jones rose 7.9%, the expanded S&P 500 +9.5%and the Nasdaq +12.2%technological. The price of oil, depressed by the risk of recession, has begun to rise.
Official version slope
Directors of the National Coffee Association (Anacafé), commented to Free press that They are aware of knowing the official version of the measure that US will implement and if it includes Guatemala. “In the case, we see positive especially that the US reconsiders the implementation of said measure,” they said through a document shared by the Social Communication Department.
Anacafé executives added that coffee is one of the main export products to the US market and consider that they must continue working together with the government in Create strategies that allow Guatemala to be able to return to the tariff scheme achieved within the framework of DR CAFTA.
Along the same vein It is necessary to wait for the official publication of the corresponding texts by the Office of the US Commercial Representative (UU. (USTR) and the White House from Washington.
About the impact for Guatemala, the executive said that if it is confirmed that the suspension applies to the original products of Guatemala, It will be positive news that would give a respite to exporters and small agricultural producers.
“However, beyond an extension, the ideal would be for the US to reconsider the application of the 10% tariff for Guatemala, taking into account that the bilateral trade balance favors them. And that we are strategic partners with shared interests on issues such as migration, security and a deeply complementary trade” and The public-private joint strategy must be continuedexplained the director of Camagro.
The articulated work between the public and private sector continues, as has been done from the first moment, Knights added by maintaining the request of the sector to the dialogue with the US. UU. It must be raised to the highest political level to accelerate decisions that allow to exclude Guatemala from this reciprocal tariff scheme.
“The objective is to restore certainty and free access of tariffs for our products in the short termotherwise the effects on rural employment would be significant, ”he warned when referring to the impact of tariffs.