This Monday, White House cards will begin to leave. “Letters of the United States and/or agreements with various countries of the world will be sent from 12:00 p.m. (East) on Monday, July 7,” the US President said this Sunday evening in “Truth Social”.
The tariffs approved on the famous day of liberation of April 2, which still expect a judicial resolution, had a margin for negotiations until July 9. And this period ends on the next Wednesday, but as of this Monday, as Donald Trump said, the conditions applied to the rest of the world
Trump also announced that “any country that is consistent with the anti -American policy of BRICS (Brazil, Russia, India, China and South Africa) should pay an additional 10%tariff. There will be no exceptions. ”
“We will send letters on Monday related to trade agreements,” Trump told reporters after the weekend, playing golf in New Jersey: “They may be 12, perhaps 15 years. They will be sent on Monday, and the couple on Tuesday and Wednesday.
And he has Aladio: “I think that most countries will be ready by July 9 either with the help of a letter or by agreement.”
“But they enter into force on August 1,” said the Minister of Trade of Howard Lutnik: “Tariffs enter into force on August 1, but the president is now setting fees and agreements.”
Relative European optimism
The EU saw this weekend closer to the principle of agreement with Donald Trump, which prevents a commercial war from catastrophic consequences for the economy of two blocks, to sacrifice, Irene Castro reportsThe negotiations were intensified this week with the trip of the commissar in trade, Maros Sefkovich and community technicians to Washington until the nearby term of July 9, which were provided by the President of the United States and European Commission Ursula von Lane. In these recent contacts, they support in Brussels is that “progress in the principle of the agreement was achieved.
Sefkovich informed the ambassadors on Friday before the EU 27 at the basis of this agreement, which is discussed and in any case, it will not be exhaustive and detailed, as von Der Leyen recognized on Thursday. In fact, the EU suggests that some of the tariffs that Trump have already activated will remain, like the universal 10%, which was also adopted by the Keir Starmer government.
Nevertheless, in Brussels they also do not throw bells in flight and guarantee that, passing in the negotiations, they are preparing “for the possibility that there is no satisfactory agreement.” In this case, the EU will have to impose counters in response to tariffs by about 50% of European products imposed by Trump and partially suspended.