A new step in a commercial war. US President Donald Trump notified this Monday through a letter to Japan and South Korea that As of August 1, imported goods from both countries will be taxed with 25%tariffs. In addition, the Republican leader announced that these bets can increase by another 25%, if “for what reason” these two Asian countries will decide to answer, increasing their US products.
In letters sent to Tokyo and Seoul, Trump emphasizes that the US trade deficit with both countries is associated with “tariff and non -legal barriers” Tokyo and Seoul, and announces that “we will levy the tariff of only 25%”, explaining that this figure is “less than necessary to eliminate a commercial deficit”, according to the calculations of the table of bets published in April. In addition, Trump guarantees both governments that he wants to “work with you as commercial partners for many years.”
WALL -STRATITIT, in free autumn
After this announcement of Donald Trump, Wall -Stracks accelerated the waterfalls with which the session began on MondayThe Dow Jones field loses 1%, and S&P 500 falls by 0.80%. For its part, NASDAQ, an index, which measures the cost of one hundred of the most important companies in the technological sector, will fall by 0.73%.
10% of tariffs for those who are consistent with BRICS
Trump also threatened intrusive An additional 10% tariff for any country that corresponds to what described the “antitazaduid policy” in BRICSWhose leaders gathered this Sunday in Rio -de -Zhanero, Brazil, condemned sanctions and tariffs used as a political instrument.
“Any country that is consistent with the BRICS Policy Antipadow must pay an additional 10% tariffThere will be no exceptions to the field from this policy there, ”he said in his account of social truth.
The President distributed this message after the leaders of most developing economies, including Brazil, China, India, Russia and South Africa, have evidence of “Sourir the world economy in recession or extend even weaker growth”.
In addition to tariff policy, BRICS criticized “imposing unilateral forced measures contrary to international law” For “negative consequences.” None of the group members “impose or impose sanctions that are not authorized by the UN Security Council”, did not add to his note.
