The President of the United States Donald Trump once again said that the country is “close” to the signing of a business agreement with India, although July 7 revealed tariffs in about 14 countries, including the main Asian business partners of Japan and South Korea.
This also comes after the US President warned the leader BRICS of another 10 % of tariffs if they adopt “anti -American” policy. Block includes, among other things, developing countries such as Brazil, China, India and Russia.
US-INDIA Business Agreement: “We are close …” says Donald Trump
When Donald Trump spoke with reporters about tariff letters sent to different countries, he said, “… we are close to concluding an agreement with India. We concluded an agreement with the United Kingdom. We concluded an agreement with China.”
“The others we met and we don’t think we’re going to make an agreement, so we just send them a letter. We’re sending letters to different countries that tell them how many tariffs they have to pay.
Trump Tariff letters: Threat against reprisal measures, open interviews, more…
Donald Trump 7 July announced to US business partners that higher tariffs would start from August 1 this year, in 14 letters sent to countries, including Japan, South Korea, Serbia, Thailand and Tunisia, according to Reuters report.
Especially for South Korea and Japan, 25 % of the tariff is moreover for car, steel and aluminum fees, and added.
He also indicated that he was open to shops and acts, but warned the consequences if the countries were dealing with retaliation with their own tariffs, she said. “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,” Donald Trump said in letters, released on his social platform of truth, Japan and South Korea.
Asked if the term was solid, Donald Trump was flexible: “I would say firmly, but not 100 % firm.
Trump tariffs rates: Who has to pay, how much?
Donald Trump said the US deposits:
- 25 % of tariffs on goods from Japan, South Korea, Tunisia, Malaysia and Kazakhstan;
- 30 percent of South Africa, Bosnia and Herzegovina;
- 32 % of Indonesia;
- 35 % of Serbia and Bangladesh;
- 36 percent on Cambodia and Thailand and
- 40 percent on Laos and Myanmar.
In particular, sources told Reuters that the EU would not receive a letter with higher tariffs and interviews on the trade agreement are taking place with the president of the European Commission Ursula von der Leyen.
(With Reuters inputs)
(Tagstotranslate) Trade Agreement (T) Donald Trump
