Amid the 17th Meeting of State and Government Heads of the Emerging Nations Group, which takes place in Rio de Janeiro, the US President threatens to apply an additional 10%rate without exceptions’
The president of the United States, warned last Sunday (7) that it can impose an additional 10% rate on countries that align with BRICS, whose leaders are meeting in Rio de Janeiro and avoided direct confrontation with the American, although they were always present between the lines. “Any country that aligns with the anti -American policies of the You must pay an additional 10%rate. There will be no exceptions to this policy, ”Trump wrote on his own social network, Truth Social.
BRICS celebrated its 17th Meeting of Heads of State and Government at the Museum of Modern Art of Rio, under strong security scheme and marked by the absences of Chinese leader, XI Jinping, and Russian President Vladimir Putin, who participated virtually. The first of the two games of the summit was closed with a final statement of 126 articles addressing Trump’s trade war, the escalation of violence in the Middle East and the UN “urgent” reform of the UN, the World Bank and the International Monetary Fund.
“We express serious concerns about increasing unilateral tariff and non -tariff measures that distort trade,” the document said, without any direct mention to Trump or the US on the thinner themes. On the other hand, US Secretary of Commerce, Howard Lutnick, said on Sunday that so-called “reciprocal” fares, and that they are subject to a commercial break that wins on Wednesday, July 9, will take effect next August 1st.
Lutnick made the statements alongside Trump, who nodded, against the group of journalists who accompanied them in New Jersey and who asked for clarification on the imposition of tariffs, given the letters Washington plans to send from Monday to their partners. “I believe we will have most countries on July 9, or a letter or an agreement,” Trump said, to which Lutnick added, “But they will take effect on August 1. Tariffs come into force on August 1. But the president is setting the fees and agreements right now.”
Lutnick’s comments represent a new postponement about the imposition of the highest tariffs that make up Trump’s aggressive policy, which he announced on April 2, in what he called ‘Liberation Day’, and which began a trade war.
*With information from EFE
