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Asian markets resumed their slide on Wednesday. Nikkei 225 of Japan lost 3.9%and Hang Seng of Hong Kong decreased 0.4%, although the Shanghai composite index changed early losses, rising 0.9%. Taiwan taiex collapsed 5.8%. Kospi from South Korea fell 1.7%.

The European actions sank into the opening, with Paris 2.4%, Frankfurt fell 2.2%and London slid 2.3%.

American actions were reverting the previous decrease. The future S&P 500 fell 0.19%, the futures of the Dow Jones industrial average were out of 0.21% and future Nasdaq compounds increased 0.06% at 3:30 am, according to Yahoo Finance.

After the imposition of 10 percent radical tariffs that have shaken the global economy since they seized the weekend, import collections to the United States of exporters such as the European Union and Japan rose more on Wednesday.

China, the main economic rival of Washington but also an important commercial partner, is the most affected.

Offers in the works?

White House Secretary Karoline Leavitt said an informative session on Tuesday that tariffs are designed to open negotiations with US business partners.

“To countries around the world, bring your best offers and he will listen,” Leavitt said about Trump. “The agreements will only be carried out if they benefit US workers.”

Trump said Tuesday that his administration was working on “personalized agreements” with commercial partners, and the White House said he would prioritize allies such as Japan and South Korea.

His senior trade official Jamieson Greer told a panel of the Argentine Senate, Vietnam and Israel were among those who had offered to reduce their tariffs.

The president told a dinner with other Republicans on Tuesday night that countries were eager to reach agreements.

The levies in China stand out

But Beijing has not shown signs of standing, promising to fight a commercial war “until the end” and announcing and promising countermeasures to defend their interests.

On Wednesday, the China Ministry of Commerce said that the country has a “firm and abundant media” to combat a commercial war with the United States, and added that Beijing “would take the statements”, the State News Agency Xinhua cited the ministry.

Trump originally presented an additional 34 percent tariff on Chinese products.

But after China responded with its own rate of the same amount in American products that will arise on Thursday, the president added another 50 percent service.

Counting the existing taxes imposed in February and March, which has the increase in the accumulated rate of Chinese products during the second presidency of Trump to 104 percent.

He has insisted that the ball is on China’s court, saying that Beijing “wants to make a deal, badly, but they don’t know how to start.”

What is behind the rates?

The president says that his policy will relive the lossed manufacturing base of the United States by forcing companies to move to the United States.

But many business and economist experts question how fast, if ever, that could happen, warning greater inflation as tariffs increase prices.

Trump said Tuesday that the United States was “receiving almost $ 2 billion per day” of tariffs.

More rates on the road

On Tuesday night, Trump also said that the United States would announce an important rate about pharmaceutical products “very briefly.”

Separately, Canada said that its tariffs on certain car imports in the United States will take effect on Wednesday.

The European Union has tried to cool tensions, with the head of the block, Ursula von der Leyen, warning against the worsening of commercial conflict in a call with Chinese prime minister Li Qiang.

According to an EU reading, he emphasized the stability of the world economy, along with “the need to avoid a greater escalation.”

The Chinese prime minister told Von der Leyen that his country could resist the storm, saying that “he completely trusts to maintain sustained and healthy economic development.”

The EU, which Trump has criticized for its tariff regime, can present its response next week to new levies of 20 percent it faces.

In reprisals against the steel and aluminum encumbrances of the United States that entered into force last month, the EU plans tariffs of up to 25 percent on US goods ranging from soybeans to motorcycles, says a document seen by News.

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