USA President Trump announced the decision to impose reciprocal tariffs, and the tariff plan will include tariffs, value-added taxes, and other barriers. Value-added tax will be treated as a tariff, and actions will be considered against countries that adopt a value-added tax system. Trump stated that the practice of transporting commodities through other countries to evade tariffs would not be accepted. Trump mentioned that USA Secretary of Commerce Lutnik will formulate the reciprocal tariff plan. Trump expects some countries to reduce or eliminate tariffs.

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特朗普:决定征收对等关税,会考虑将各国使用的增值税视作关税
Trump: Decided to impose reciprocal tariffs, will consider the value-added tax used by various countries as tariffs.
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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