The rates live: Trump makes the concession of important China rates such as the US trade agreement “just days away”

In an interview with ABC's This weekThe Secretary of Commerce of the United States, Howard Lutnick, has said that smartphones, computers and some other electronic products, including semiconductors, will be low separate tariffs.

Lutnick said these separate rates can be imposed in a more or less month.

Wall Street and industry analysts have warned about mass global implications for the car manufacturing industry if the import rates of 25 percent of Donald Trump remain in place, and vehicle sales collapse in millions such as prices for new and used cars, according to NBC News reports.

Only in the US, car manufacturers could see that costs increase at $ 107.7 billion, according to the Michigan -based expert group, the Automotive Research Center. That figure includes $ 41.9 billion for the three major American companies: General Motors, Ford and Stellantis, the Chrysler's parent company.

These reports take into account both the 25 percent rate on imported vehicles that entered into force 10 days ago, and the next 25 percent rate on the automotive parts that begin on May 3.

Oliver O'Connell New York reports:

China has said that it is evaluating the impact of Donald Trump's decision to exclude phones, laptops and other electronic of its global tariffs.

In a statement on Sunday, the Ministry of Commerce of China described the measure as a “small step for us to correct its incorrect practice of 'unilateral reciprocal rates.”

“The bell in the neck of a tiger can only be unleashed by the person who tied it,” said the ministry, urging the United States to take an important step to correct what he called his misdeeds and cancel tariffs completely.

Business Secretary Jonathan Reynolds said he is “closely committed” to Washington to ensure a commercial agreement to avoid the so -called “reciprocal” tariffs of Donald Trump.

When asked when he hopes to ensure a commercial agreement of the United Kingdom, Mr. Reynolds told Sky News: “Look, I can't give a schedule about that. Let's continue very compromised. I had an exchange with my ambassador to my ambassador [Jamieson] Greer: I woke up with a message this morning. We are still committed to that.

“The president himself, clearly, is the driving force and the decision maker, as expected on the side of the United States. I welcome the pause in the broadest rates, we receive a preferential position.”

But he insisted: “I will never be satisfied when there are barriers to trade between us and the United States, as I would with any other key market. And I think there is a path through.

“The next step is that they will make some of the proposals we have put [forward]. “

Former Labor leader Harriet Harman warned that the Sir Keir Starmer government seems to have a “restricted vocabulary” that prevents ministers from talking against Donald Trump's commercial tariffs.

Speaking in Sky News's Electoral dysfunction The podcast, Baroness Harman said: “It does not seem to be able to tell the country what I think the country needs to hear them say, that what Trump is doing is something wrong.”

“They must show that judgment on: it is not good that someone in the world's largest economy wreaks havoc, not only in their own country, but also in our country and the rest of the global economy.

Baroness Harman pointed out the example of when the United States put steel rates in the United Kingdom during the previous labor government, remembering, in her words, Tony Blair saying that such movement was “unacceptable” and that George “Bush has been wrong.”

She continued: “It feels as if there is a kind of restricted vocabulary among the ministers at this time, where they are talking in Code:” It is where we want to be, we do not want to see a commercial war, we are in favor of the open markets, “but they cannot say about the elephant in the room, which Trump is wrong in this, we do not agree with him.

“The other thing that I think should be doing is to be more positive and give more peace of mind.”

Business Secretary Jonathan Reynolds has insisted that the weakest food standards remain out of the table in conversations for a commercial agreement in the United Kingdom, which said it would violate work promises during the general electoral campaign.

“We will never change our SPS food standards (sanitary and phytosanitary). We have made it perfectly clear to the United States,” he told Sky News.

China has put civil government officials in Beijing in “War Pie” and ordered a diplomatic charm offensive aimed at encouraging other countries to reject Donald Trump's rates, they have told Reutere four people familiar with the matter.

Propaganda officials of the Communist Party have played a main role in the framework of China's response, said one of the people, with government spokesmen that publish challenging clips on social networks with former leader Mao Zedong saying “We will never give in.”

As part of the “War Times” position, the officials of the Ministries of Foreign Affairs and Commerce of China have received the order to cancel the holiday plans and maintain their mobile phones on throughout the day, two of the sources said. The United States oriented departments have also been reinforced, even with officials who worked in China's response to Trump's first mandate, they said.

The responsibility is now in the Trump administration to demonstrate that trade negotiations with Washington's business partners can quickly conclude within the 90 -day period of the president of the United States, said a former commercial negotiator of the United States.

“Making these decisions will make some serious negotiations,” said Reuters Wendy Cutler, former leading negotiator of US commercial representatives. “There is no way that during this period we are making a comprehensive agreement with any of these countries.”

When describing this as a “huge task,” Cutler said: “Responsibility will be in them to demonstrate that agreements with countries can quickly conclude and instill some confidence in the market and with other commercial partners that there is a ramp out of ramp here.”

While investors will be interested in more details about their strategy after accepting to sell their United Kingdom High Street stores and the potential impact of US tariffs when the retail company updated the market on Wednesday in its last six months of trade.

In what will mark the first important update since the historical retailer turned to focus solely on its growing travel store business, selling its heritage of High Street stores throughout the United Kingdom for around 76 million, shareholders will be interested in more guidance on what the sales agreement and the greatest approach to the middle travel travel for their long -term perspective.

The company is among the retailers with exposure to the US market that have seen their value to what has eliminated the plans of US Donald Trump.

Investc analysts highlight that about 28 percent of their sales and 30 percent of their profits for the current financial year come from the USA.

Investte suggests that the company can see a greater impact of a “macroeconomic deceleration instead of a tariff impact”, since weaker growth can affect the number of travelers.