President Donald Trump on Friday proposed increasing tariffs on a wide range of goods from US-made cars to imports from Canada, France, and Britain.
The proposed tariffs on cars would be about 25 percent higher than current levels.
“I am proposing a new round of tariffs on imported vehicles to cover the costs of these tariffs, as well as new duties on some of our most important trade partners, including the United Kingdom, Canada, and France,” Trump said.
“We are also considering imposing additional duties on Chinese steel and other goods.”
Trump also announced that the U.S. Department of Commerce would be “providing technical assistance to countries in need of assistance” in developing their own manufacturing policies, and the Commerce Department will provide “technical assistance to help develop their own policies to reduce their trade deficit with the United States.”
The administration also announced a review of its “bilateral trade policies with respect to labor, environmental, and other environmental issues” and will “review policies that are more progressive.”
The plan would also require that U.N. trade representatives adopt a “one-size-fits-all” approach to global trade, which would “require countries to negotiate in the interests of all of their citizens.”
The proposal comes amid concerns over U.K. Prime Minister Boris Johnson’s proposal to reduce the number of tariffs from the current 28 percent to a “trivial reduction” of up to 8 percent.
The U.k. is one of the countries that has made it clear it would not agree to a U.G. trade deal.
“This is about a world in which we can’t be left behind, and we want the world to know that we’re going to stand up for ourselves, and not be bought and sold,” Johnson said in May.
The plan is “not about Brexit,” said the U-K.
trade minister, Jo Johnson.
“It is about working together to create a fair, prosperous and competitive world.
It’s about how we can deliver a better future for all of our citizens.”