US President Donald Trump plans to introduce a customs rate of 10 % or 15 % for more than 150 countries. New duties will come into effect on August 1. TASR informs Bloomberg.
Trump said that send letters to more than 150 countries in which they will inform them of customs rates at 10 % or 15 % as it plans to continue its business agenda. “We will have more than 150 countries to which they simply We will send a payment notice and the payment notice will be stated what the customs rate will be”Trump told reporters on Wednesday (16. 7.) in the White House.
“It all will be the same for everyone, for this group,” Trump added, saying that Business partners who receive these letters “are not large countries and do not do many shops.” Later in an interview for Real America’s Voice Trump said the rate would be “probably 10 or 15 %, we haven’t decided yet.”
In previous days, Trump has submitted a flood of customs requirements and informed other economies about new duties that will come into effect on August 1 if they fail to achieve better conditions with the US. At the same time, it extended the original term for the introduction of the so -called. Reciprocal duties from 9 July for another three weeks. He launched the onslaught of business partners trying to avoid higher duties.
While Trump and his advisers originally talked about negotiations to reach multiple agreements, The President calls the letters on customs rates as “agreements” and indicated that he is not interested in direct negotiations. Nevertheless, he left open doors for negotiators from individual countries to attempt agreements that these rates could lower.
In April, Trump has introduced reciprocal duties for states that generate a trade surplus with the US, including key business partners such as the European Union (EU), Japan and South Korea. This caused fluctuations in the market, so he quickly paused them until 9 July to give space to negotiations. But his letters again brought uncertainty to financial markets and surprised partners such as the EU who hoped to conclude preliminary agreements with the US.
Trump in an interview for Real America’s Voice indicated that The letter sent by the EU sees as an agreement. When asked what he thinks he would happen to Canada, who is in danger of 35 % duty on some goods in August, the President replied that he was “too early to say it”.
