USA announce global tariffs from August 1

If Trump is really running the world, where will it take it?

Fees had been suspended until July 9

The United States Secretary of Commerce said the so -called “reciprocal tariffs” to imports from around the world, which had been suspended until July 9, will come into force on August 1.

Speaking to journalists alongside Donald Trump on Sunday, Howard Lutnick confirmed the new deadline before adding: “But the president [norte-americano] It is setting the fees and agreements at this time. “

“I believe we will have most countries on July 9, be it a letter or an agreement,” said Trump.

Hours earlier, US Treasury Secretary Scott Bessent told US broadcaster CNN that tariffs will return to April 2 levels if countries or blocks do not have agrees finalized until August 1.

On Friday, Donald Trump said the US government would send letters, “probably to 12” countries, with which he did not reach a trade agreement to notify them from the tariffs he intends to impose.

But on Sunday Scott Bessent spoke of 100 countries: “When we send the 100 letters, we will define their fares, so we will have 100 [acordos] signed in the coming days “.

The Treasury Secretary added that the strategy was to “apply the maximum pressure” to get agreements.

“The value of rates ranges from 60% to 70% to 10% to 20%,” said Donald Trump on Friday about the rates he will propose in these letters, which will be higher, in some cases, than those he announced on April 2, which dubbed “Liberation Day.”

The president refused to specify which countries or regions will receive letters today.

In early June, Trump opened the door to the extension of the deadline for new commercial agreements and said the administration would send letters with united states that countries could accept or reject.

“We can do whatever we want. We can extend it [o prazo de 09 de julho]we can shorten it. I would like to shorten him. I would like to shorten him. I would like to send letters to everyone: “Congratulations! They will pay 25%,” he said.

Washington came to commercial agreements with the UK, China and Vietnam, while continuing to negotiate with more than a dozen partners, including the European Union and Japan.

However, a federal court ruled in May that Trump has no authority to “unlimitedly” the historical law on the basis of the “reciprocal tariffs”, but a court of appeal allowed it to impose them as long as the case is being decided.

source