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World Leaders React To Trump's Reciprocal Tariffs - Foreign Affairs - Nairaland 5a3a6

World Leaders React To Trump's Reciprocal Tariffs (17302 Views)

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fergie001: 8:27am On Apr 03
Japan is a country that is making the largest amount of investment to the United States, so we wonder if it makes sense for (Washington) to apply uniform tariffs to all countries.

We need to consider what's best for Japan's national interest. We're putting all options on the table in considering the most effective response.

Shigeru Ishiba
Prime Minister of Japan

(Trump) has preserved a number of important elements of our relationship, the commercial relationship between Canada and the United States. But the fentanyl tariffs still remain in place, as do the tariffs for steel and aluminum.

We are going to fight these tariffs with countermeasures, we are going to protect our workers, and we are going to build the strongest economy in the G7.

Mark Carney
Prime Minister of Canada

President Trump's announcement of universal tariffs on the whole world, including the EU, is a major blow to the world economy.

Uncertainty will spiral and trigger the rise of further protectionism. The consequences will be dire for millions of people around the globe.

We are already finalising a first package of countermeasures in response to tariffs on steel. And we are now preparing for further countermeasures, to protect our interests and our businesses if negotiations fail.

Ursula Von der Leyen
President, European Union Commission

Ireland does not believe in tariffs - Ireland hasn't started this.

We will work with the European Union - the government's fundamental objective is to protect Irish jobs.

The decision by the US tonight to impose 20% tariffs on imports from across the European Union is deeply regrettable.

I strongly believe that tariffs benefit no one.

My priority, and that of the government, is to protect Irish jobs and the Irish economy.

Michael Martin
Prime Minister of Ireland

The tariffs are wrong... We will do everything we can to work towards an agreement with the United States, with the goal of avoiding a trade war that would inevitably weaken the West in favor of other global players.

Giorgia Meloni
Prime Minister of Italy

Latin America, including Colombia, benefits primarily from Trump's tariff policy.

But Colombian businesses must take advantage of these opportunities. Agro-industrial and semi-industrial products from countries outside Latin America are becoming more expensive in US markets, and if we can produce those goods more cheaply, it's time to export them there.

We will only make US imports more expensive if they take away our jobs. But we won't raise tariffs if their goods help create higher-value jobs.

Trump's decision to impose tariffs by geographic area and not by product type allows us to improve our competitive position on a Latin American scale, and Colombia would benefit if its business community helps us lower energy rates and if the board of the Central Bank abandons the cult and begins to lower interest rates to reduce financial costs.

It's not labor costs—labor is not a cost—that impede competitiveness; labor is investment, because it generates wealth. The costs that must be reduced are those of lack of association, financial costs, land rents, and energy costs, to gain greater competitiveness.

It is time to implement a shift in the export matrix toward higher levels of added value generation.

The export matrix must change toward greater added value, greater decarbonization, and a more global approach, diversifying the destination of our products.

Gustavo Petro
President of Colombia

China firmly opposes this and will take countermeasures to safeguard its own rights and interests," the ministry said, as the world's largest economies look set to spiral deeper into a trade war that stands to upend global supply chains.

China's Ministry of Commerce

The Brazilian government is evaluating all possible actions to ensure reciprocity in bilateral trade, including resorting to the World Trade Organization, in defense of legitimate national interests

Brazil's Foreign Ministry

Spain will protect its companies and workers and will continue to be committed to an open world.

Pedro Sanchez
Prime Minister of Spain

New Zealand's interests are best served in a world where trade flows freely ... New Zealand's bilateral relationship with the U.S. remains strong. We will be talking with the istration to get more information, and our exporters to better understand the impact this announcement will have.

I do not know where he got his numbers from but we won't retaliate.

Todd McClay
New Zealand's Trade Minister

The Federal Council acknowledges the US tariff decisions. It will quickly determine the next steps. The country's long-term economic interests are paramount. Adherence to international law and free trade remain core values.

Karin Keller-Sutter
President of Switzerland

As the global trade war has become a reality, the government must pour all its capabilities to overcome the trade crisis.

Han Duck-Soo
Acting President, South Korea

A trade war is in nobody's interests.
We have prepared for all eventualities -- and we will rule nothing out.

Keir Starmer
UK Prime Minister

11 Likes 4 Shares

Righteousness2(m): 8:36am On Apr 03
President Trump the great Nationalist is not joking at all at all!

One Undisputable fact about Trump is that He Loves His Nation and is not afraid to take bold courageous decisions to put his Nation First before Forming helper of the world while your people are in tears.

56 Likes 3 Shares

saintokwuluora(m): 8:45am On Apr 03
Trump has buckled everybody up

31 Likes 2 Shares

LordBiden(m): 9:11am On Apr 03
Instead of him focusing on how to ease cost of living in the USA by enacting policies that will bring down prices of goods,, he is busy fighting nonsensical trade war.

He should brace up for retaliations from eu countries and china since he wants to be stupid.

American farmers will pay for this.

45 Likes 5 Shares

Dogalmighty17: 9:19am On Apr 03
Donald Trump just put a gun to the head of the global economy and pulled the trigger.
The last time tarriffs of this sort were implemented in 1929, the global economy entered a great depression. That was the Smooth - Hawley act. Since then economists have steered clear of tarriffs and never recommend them.

Trump being the eternal idiot that he is, has destroyed the global economy as it is. Rather unsurprisingly, he has left out only Russia from these tarriffs. He has always been a Russian asset.

35 Likes 7 Shares

iwaeda: 9:20am On Apr 03
grin angry America is one man army. Trump and Elon Musk will cause another major catastrophe grin grin grin angry

10 Likes

Ladiporgan: 9:21am On Apr 03
Nawa ooo
cococandy(f): 9:21am On Apr 03
I guess everyone else is wrong. He’s the only person that knows what is right. Ode

35 Likes 5 Shares

inoki247: 9:21am On Apr 03
Lol everybody go dey alright...

5 Likes

unclejb2(m): 9:21am On Apr 03
Trump is prepared to fight the whole world to protect his country

6 Likes

Mumusaphire: 9:21am On Apr 03
They should sanction USA and give Trump visa ban

1 Like 1 Share

lanre9ja(m): 9:21am On Apr 03
Lol
papiwyte(m): 9:22am On Apr 03
Infant let me call him grin grin grin

5 Likes

Ernchibyke(m): 9:22am On Apr 03
Pls I need clarification
How can a country that slams upto a 50% tariff on US imported goods be crying fowl that the US retaliated by imposing half(25%) of what those countries slammed on them.

Pls economist help

54 Likes 7 Shares

DeepSight(m): 9:22am On Apr 03
This reckless senseless ex convict and con artist is a huge mistake for the world.

4 Likes 1 Share

NothingDoMe: 9:22am On Apr 03
Ernchibyke:
Pls I need clarification
How can a country that slams upto a 50% tariff on US imported goods be crying fowl that the US retaliated by imposing half(25%) of what those countries slammed on them.

Pls economist help
That's the 20th wonder of the world. America has been subsidising nations.

See how all of them are crying except a few that see opportunities.

34 Likes 1 Share

jmoore(m): 9:23am On Apr 03
How majority chose to vote for Trump is a story for another day.

Democracy in the hands of majority made up of dumb folks is a recipe for disaster.

Trump will destroy USA.

4 Likes

maivd: 9:23am On Apr 03
The orange clown

11 Likes

princepee: 9:23am On Apr 03
cool what Trump is doing might hurt American so bad.
No Man is an island.
A tree can never make a forest.
America needs order countries too

3 Likes

Basicend: 9:23am On Apr 03
Trump might have good intent to protect the American economy.

But the simple effect is that Americans will experience continuous high inflation with many goods for now.

And, her global partners will create a more friendly and profitable trading systems / blocks.

Currently, you will observe that most Chinese international merchant terminals are trading in Naira. You don't even need a dollar card to buy things anymore. No matter the volume, and mostly free shipping.

They are applying same strategy per country.

The world will shift from the US market significantly, and their GDP & income will wane.

5 Likes 1 Share

handsomeyinka(m): 9:24am On Apr 03
Me wey still dey do Walmart shopping for $200..

Na to increase our hustle here ooo...

No more jamboree.

We are all in it together

1 Like

DeepSight(m): 9:24am On Apr 03
unclejb2:
Trump is prepared to fight the whole world to protect his country

The USA was not suffering anything before he started all this. And what he has started will make life harder for Americans as inflation will unavoidably spike. He is not doing this to protect anybody. He is doing it to flex muscles. He is a thoughtless, senseless illiterate man only worshipped by shallow people.

17 Likes 1 Share

RichBoy247: 9:25am On Apr 03
Righteousness2:
President Trump the great Nationalist is not joking at all at all!

One Undisputable fact about Trump is that He Loves His Nation and is not afraid to take bold courageous decisions to put his Nation First before Forming helper of the world while your people are in tears.

Take your drugs. Can one country go to trade war with all the countries of the world and win? Use your senses once in a while

14 Likes 1 Share

helinues: 9:25am On Apr 03
grin cheesy

Trump would still reverse reasonable, he only wants renegotiation. He doesn't care about the effects of the initial gra gra

1 Like

RenoOkriTheGoat: 9:25am On Apr 03
Trump we know, Trump we .

4 Likes

thesolutions(m): 9:25am On Apr 03
Before placing tariffs on imported products, he should have increased his domestic production first. Just a little bird flu caused the price of eggs to skyrocket in US while it is very cheap in nearby Mexico and Canada. That is what tariffs cause.

Donald Trump is a money man and he should not fall low to imagine that all Americans have the means to afford imported products with high tariffs in the absence of or scarce domestic products.

First, he should improve domestic production at a lower cost. This is what China has achieved.



It is the Americans that he is saving in his claim that would still pay the tariffs.
Clueless move.

3 Likes

wizelink: 9:25am On Apr 03
I think this man is ready this trade wars. He knows what he is doing

1 Like

RenoOkriTheGoat: 9:26am On Apr 03
helinues:
grin cheesy

Eriako
RichBoy247: 9:26am On Apr 03
jmoore:
How majority chose to vote for Trump is a story for another day.

Democracy in the hands of majority made up of dumb folks is a recipe for disaster.

Trump will destroy USA.

Drug addicts and homosexuals have no brain

2 Likes

huptin(m): 9:26am On Apr 03
I have learnt to wait and see...when it comes to Trump he has a funny way of doing things and getting results.

This may be a big mistake or the boldest move ever by an American president.

7 Likes

Emeskhalifa(m): 9:26am On Apr 03
Whatever makes his country great is cool.

Unlike here were our politicians won't mind selling off everyone including the country for their own selfish interests and greed

4 Likes

NothingDoMe: 9:26am On Apr 03
RichBoy247:


Take your drugs. Can one country go to trade war with all the countries of the world and win? Use your senses once in a while
You are the one calling it war. Trump is reciprocating tarrifs. Countries should counter him with facts and not sentiments.

8 Likes 2 Shares

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