He Donald Trump’s return Not only has it transcended in the geopolitical, but also economic, with the return of the tariff policy that has affected, in different proportion, to all countries of the world.
In Australia, Peter Jarratt, worker in the Amovilistic sector, said that his retirement plans could be affected because of the tariffs implemented by the American president. In the case of Australia, the tax applied to imports was 10%.
In statements collected by Yahoo FinanceHe stressed that his savings were affected when the White House president announced the entry into force of reciprocal tariffs. In fact, he revealed that “Australian dollars saw disappear (about 30,000 euros) overnight”.
Despite this, he said that his investment and retirement funds recovered by 50%, although he still trusts that he can recover 100%. A fact that worries him. Jarratt, 69, He fears now that he has to postpone his labor retirementat least one more year.
“Thanks to Trump, another year awaits me …”
“It seems that everything is very volatile and madness has no end. Thanks to Trump, another year of work awaits me To replace what has been lost, ”he said. A situation that would completely change his initial plans to retire this year, as planned in December.
Trump, last April, emphasized the return of the companies that one day left in the United States and that are returning. “More home production means more competitiveness at home and better prices.” China was the country most harmed by the tariff rate that, in its situation, began being 67% and has ended in 145% for imports from the Asian giant.
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