The Minister of Treasury of the United States Scott Demolina explained this Sunday that President Donald Trump individually informs each country that a commercial agreement during August 1, He will again introduce tariffs at the levels declared on April 2.
That day, the date that Trump called “Liberation Day”, The President announced the new “mutual” tariff tariffs for key commercial partners of the United States, which in some cases reach 50%. Together, these bets were the highest that the country has applied to foreign products over more than a century. Economists quickly warned of recession, which would affect not only certain countries, but also the whole world.
New date declared by the demon I was going to expire on the next Wednesday, July 9, How the American president himself recognizes by writing to all countries with which he maintains commercial relations.
“The next 72 hours will be excited”The secretary announced in an interview with CNN. “In the letters, we will say (in countries) that if you do not speed up the situation, on August 1 you will return to the tariff level on April 2,” he added.
The Demanent pointed out that on August 1, “this is not a new deadline,” but he did not fit exactly what would happen on the 9th day. “August 1, when it begins to happen (Restoration of tariffs). And if you want to speed up the situation, excellent. And if you want to return to the original tariff (April), you decide, ”he explained.
