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Trump lengthens the period of negotiations of tariffs until August 1, sending letters, pressing several countries

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There are already new tariffs. Or advertising tariffs that Donald Trump can occur, that there is a revision or delay. In fact, an hour after the announcement of the association in South Korea and Japan, the White House said that the negotiation period, which won July 9, was elongated until August 1. Negotiations between the USA and the EU, for example, are still ongoing, reports Irene Castro.

“The president will sign today (this Monday) decree, which delays the deadline from July 9 to August 1,” said the press secretary of the White House Karolin Livitt: “Therefore, these new bets will be applied next month, or agreements will be reached. We saw many positive achievements in the right direction, but the administration, president and their team want to reach the best agreements that they encourage, that they encourage that they believe that they encourage, that they encourage the best agreements. Possible agreements.

In his letter dedicated to the Prime Minister of Japan of Osbaybia Shiger, the US president writes: “Our commercial relations, unfortunately, were not mutual. As of August 1, we will load the tariff of only 25% to any Japanese product sent to the United States outside the industry tariffs (for example, 50% per steel). ”

“Those assets that are trying to overcome tariffs will be taxed with an additional rate,” Trump says: “Please understand that the indicator is 25% lower than it is necessary to eliminate the commercial inequality that we have in your country,” says Trump.

According to the formula invented by the US administration, the United States had a deficiency of 46% with Japan and 50% with Korea.

Both letters published in the “Truth of Social” were sent to the heads of the Government of Korea and Japan, can be traced, like those who are sent to Myanmar (40%); Laos (40%); South Africa (30%); Kazakhstan (25%); and Malaysia (25%).

Compared to this table shown on April 2, Korea remains, since it is –25% -; Japan is loaded by one more point – from 24% to 25% -; Myanmar is slightly reduced – from 44% to 40% -; Laos also – from 48% to 40% -; South Africa does not change -30%; Kazakstan falls a little – from 27% to 25% – while maalaxia rises – from 24% to 25%.

These tariffs, which are reported on Monday, are coming from April 2, when Trump announced generalized tariffs for the entire planet. They were in force on April 9, but in the end the US administration took place until July 9 to search for trade agreements, such as, for example, those that are sealed in the United Kingdom and Vietnam. The deadline, which was postponed until August 1, when, as explained by the administration of Trump, tariffs will come into force.

“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”.

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 added: “I think that most countries will be ready by July 9 either with the help of a letter or an agreement.”

European negotiations

According to Donald Trump, the EU saw closer to the principle that prevents a commercial war from catastrophic consequences for the economy of two blocks, reports Irene Castro. The negotiations intensified this week with the trip of the commissar in trade, Maros Sefkovich and community technicians to Washington to the proximity of the deadline on July 9, which were provided by the President of the United States and European Commission Ursula von der Lein. 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.

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