On Monday (July 7), the White House announced that it would formally delay the re -connection of tariffs within 1 August and issue a powerful order to move the original deadline of July 9th. This decision provides short -term retaliation to global business partners in the ongoing negotiations with Trump Administration.
“The President will sign an executive order that delays the July term of the tariffs within 1 August,” the White House said in a statement.
More trade letters are coming
In addition to the delay of the administration, it revealed that in the coming days it will receive formal letters of commercial announcements for 12 more countries. These letters will describe in detail the levels of tariffs that apply to the export of each country unless new terms and conditions are agreed.
The White House also confirmed that the letters would be publicly published on Trump’s Trump’s Social Account.
Delay 9th July the term of the tariffs
At the White House briefing, the secretary of Karoline Leitt confirmed that Trump would sign an executive order that would delay a wider implementation of tariffs from 9 July to 1 August from 9 July to 1 August. She added that letters to 12 other countries will be issued in the coming days and publicly published on Truth Social.
“These letters are not agreed by the settlement,” Leavitt said. “They are direct communication of President Trump’s tariffs to every business partner. We continue creating tailor -made business plans for every country on this planet.”
The three -week window before the implementation of tariffs 1.
Trump deposits 25% of tariffs on Japan and South Korea
President Donald Trump announced on Monday a 25% tariff on imports from Japan and South Korea, which escalated the tension of the two key allies of the United States in Asia. New tariffs, which will come into force on August 1, come in the middle of what the White House calls to repair long -term business imbalances and promote “reciprocal” business practices.
Trump revealed tariffs with formal letters addressed to the Japanese Prime Minister Shiger Ishib and South Korean President Lee Ja-myung, published on his social account of Truth. In them, Trump warned both leaders against retaliation with their own tariffs.
“If for any reason you decide to increase your tariffs, it will be 25%that we charge, no matter what you decide to increase them,” Trump wrote.
Letters also stressed that tariffs were unilaterally stored as part of Trump’s tailor -made to the business relationship of each country with the US
Limited progress in business agreements
Despite the promises of “90 stores in 90 days”, Trump’s administration announced so far only two business framework – one with Vietnam and the other with the Great Kingdom. The Vietnam Agreement seems to be designed to prevent China from using Vietnamese supply chains to circumvent tariffs, while the United Kingdom includes exceptions based on quotas on steel, aluminum and cars, but still presents most of the British goods to 10% tariff.
(Tagstotranslate) Donald Trump delay tariff
