Trump threatens to impose 15%-50% tariffs on many countries, saying "Star Plan Market opening can be
1. The latest Star Plan Market threat
Countries involved: Trump plans to impose 25%-40% Star Plan Market on 14 countries (including Japan, South Korea, South Africa, Indonesia, etc.) if a trade agreement is not reached before August 15.
Additional Star Plan Market for BRICS countries: Trump warned that countries that support the "anti-US policy" of BRICS countries will be subject to an additional 10% Star Plan Market5.
The EU faces a 30% Star Plan Market: If the US-EU negotiations fail, 70% of EU exports to the US will be affected from August 16.
2. Trump's negotiation strategy
"Carrot and stick" policy: Trump said that if trading partners open their markets or increase investment in the US, the Star Plan Market can be reduced5.
Case: After Vietnam agreed to open its market, the Star Plan Market was reduced from 46% to 20%5.
Threats and exemptions in parallel:
The Star Plan Market for British cars was reduced to 10% (originally 27.5%)5.
However, the global Star Plan Market for steel and aluminum still maintains 50%4.
3. Reactions from various countries
Japan: insists on protecting agriculture, but seeks concessions in the Star Plan Market for automobiles5.
South Korea: promises to adjust trade policies to reduce the deficit5.
South Africa: strongly opposes, saying that 77% of US goods have zero Star Plan Market5.
EU: plans to impose retaliatory tariffs on 100 billion euros of US goods, but internal opinions are divided6.
4. Economic impact
US Star Plan Market revenue surges: expected to reach US$300 billion in 2025 (5% of federal revenue)1.
Global supply chain turmoil:
The US dollar depreciates by 10%, pushing up import costs1.
Analysts warn that it may trigger stagflation risks11.
5. Next focus
August 1: Deadline for negotiations between the US and Europe, the US and Japan56.
Long-term trend: Trump's policies may accelerate the reconstruction of the global trade system and weaken the dominance of the US dollar11.
Conclusion: Trump uses the Star Plan Market as a lever to force countries to make concessions, but market opening and trade war risks coexist, and August will be a key turning point.
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