The European Union and Mexico add to the list of commercial partners to which the president of the United States, Donald Trumphe has promised to notify by letter his unilateral decision to impose duty to products from third countries. The Commercial War launched by the Republican president after the so -called ‘Liberation Day’on April 2, it opened a career against a clock of negotiations aimed at avoiding a greater economic impact.
Trump then granted a 90 -day period to reach bilateral agreements. A margin that, according to its main commercial advisor, Peter Navarrowould allow sealing “90 pacts in 90 days”. However, the result of this strategy is far from the expectations of the Republican Cabinet. So far, they have only reached Principles according to the United Kingdom and Vietnamand after a tense pulse, to a Truce with China.
As part of your new strategy to reduce commercial deficitthe US president has begun to communicate by letter the tariffs to the countries with which he does not achieve agreements. Japan and South Korea received the first notifications, and more than a dozen countries have already been informed. These tariffs would be added to 10% generalin addition to the sector levies (25 % to vehicles and components, and 50 % to steel and aluminum).
The first, Japan and South Korea
This Monday, Trump’s new tactics started, with two cards to Japan and South Koreapublished on its social truth platform. In them, he threatened the two Asian nations with 25% levies that would begin to apply as of August 1.
The percentage applied to South Korea coincides with which the Republican made public in the presentation of the so -called ‘Reciprocal tariffs’. However, Japan has seen how its production will have to pay a percentage point more than expected.
The structure and tone of the letters sent to Japan and South Korea marked the precedent for all the following. In them, Trump presents between grandiloquent attributes to USA as a commercial partner of incalculable value and warns that Any retaliation will entail an increase in tax tariffs.
Against Brazil and the BRICS
Luiz Inácio Lula da Silvapresident of Brazil, has been one of the last to receive one of the letters sent by Donald Trump. Unlike the previous ones, which maintained the initial lien, this announces a 50 % tariff to all Brazilian products that enter the United States, thus quintupplying the original rate.
The content also marks a turn with respect to other communications. In that sense, in addition to economic issues, the text openly questions the Brazilian judicial system For imputing the former president Jair Bolsonaroaccused of trying to orchestrate a coup d’etat after its electoral defeat in 2022 and denounces “attacks on free elections and fundamental rights of freedom of expression of Americans.”
The Hard ram Brazil in the hands of his rejection of the BRICS, whom he has threatened with additional 10% tariffs to countries that are part or support the group policies that he considers “anti-state-of-law”.
Tariffs for Canada and dozens of countries
Trump, also announced this Thursday to his Canadian counterpart, Mark Carneythe imposition of 35% tariffs on all imported goods from Canada. “There will be no tariff if Canada or the companies in your country decide to build or manufacture products within the United States,” reports the American in the letter. It has also been open to modifying tax “Up or the loss” You are Ottawa “Work with me to stop the Fentanyl Flow”.
Along the same lines, through publications in Truth, Trump has been publishing in batches the letters addressed to countries such as Burma, Malaysia, Kazakhstan, Laos, South Africa, Tunisia and Bosnia-Herzegovina.
Waiting for New negotiations and from the entry into force of tariffs, the volatility of Trump’s decisions and the uncertainty about their application calendar continue to feed the Instability of the global economy and sowing doubts in the markets.
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