US Trade Policy: What Trump's Customs Package provides

Already in the election campaign, US President Donald Trump announced higher tariffs. He kept his promise, but the consequences will also affect US consumers.

Penalties, special taxes or export restrictions on medicines – the countries affected by the recent US tariff increases have many ideas for countermeasures and want to go into negotiations with Washington. But Donald Trump also outlines what he wants.

With its drastic tariff package, Trump has made a battle announcement to the world. Can the countries concerned negotiate a deal to reduce tariffs? The US President does not rule out this.

The Bernese company Hans Christen AG wonders about Trump's tariff increase: What's next?

For Donald Trump's customs policy, there are successful historical models. However, it seems unlikely that he can build on these successes. If the collapse in the stock markets should arise with the loss of confidence in the economy, the world economy could collapse.

US PresidentTrump announces drastic tariffs at night for 185 trading partners worldwide. The affected countries are alarmed. Great Britain, Norway, South Korea and Taiwan want to negotiate with the US. The EU, France, Spain and China are threatening to take countermeasures.