The US president signed the decree that imposes new levies from 10% to 41% depending on the country. Argentina is among less affected by the measure.
The president of the United States, Donald Trump, signed on Thursday a decree that imposes reciprocal tariffs between 10% and 41% to dozens of countries, at times of the deadline of Friday, August 1 that he had set. In the case of Argentina The tax will be the smallest on the scale.
From the White House, a senior official explained to Reuters that if the US has surplus with a country, the tariff rate is 10%, while for nations with small deficits, 15%tariffs were set. However, the Trump administration is still working on the “technical aspects” of the rules of origin for the transhipment, which will be clarified in the coming weeks.
The tariff battery that affects about 70 countries will enter into force on Thursday 7. Regarding transBoradas merchandise to third countries to evade the tax, the US will apply a 40%tax, according to the White House technical form, while that embarked and sent before next Thursday and that reaches port before October 5 will pay the pre -existing rate.
Likewise, the US government does not rule out to reach trade agreements in the coming days, in a clear reference to China and Mexicocountries with which he chose to extend the negotiation period.
The senior official held, meanwhile, that in the case of Indiawhere tariffs will be 25%, challenges include geopolitical differences over the group of BRICS and Russia. “These differences cannot be resolved overnight,” he said.
Another country that is part of that block of emerging nations, Brazilhas been punished with 50%tariffs, announced on Wednesday. This is a measure that, in addition, is linked to local policy since the US president tries to pressure thus to obtain the suspension of the trial against the ex -president Jair Bolsonaro For the coup attempt against Lula da Silva.
In the case of CanadaMeanwhile, the US has arranged 35% tariffs as retaliation to what Trump considers a lack of cooperation to curb the constant flow Fentanyl and other illicit drugs. However, Canadian commercial measures in response further complicate bilateral efforts to address this growing drug crisis.
Source: Ambito
